STRIPS. What is the YTM on a coupon STRIPS that will mature in 15 years? The parent
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STRIPS. What is the YTM on a coupon STRIPS that will mature in 15 years? The parent bond pays a semiannual coupon based upon a coupon rate of 8.6% and face value of $1,000. The 15-year coupon STRIP is currently selling for $28.73.
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Related Book For 
Applied Corporate Finance Making Value Enhancing Decisions In The Real World
ISBN: 9783030816308
2nd Edition
Authors: Mark K. Pyles
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