25. STRIPS YTM (LO1, CFA2) A STRIPS traded on November 1, 2019, matures in 12 years on...

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25. STRIPS YTM (LO1, CFA2) A STRIPS traded on November 1, 2019, matures in 12 years on November 1, 2031. The quoted STRIPS price is 62.75. What is its yield to maturity?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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