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A stripped bond is created by an Investment Dealer who strips the coupons from the Corpus (or Face or Body) to create a new security

A stripped bond is created by an Investment Dealer who strips the coupons from the Corpus (or Face or Body) to create a new security with just one cash flow at some future date. What would you expect to pay for a $50,000 stripped bond with a maturity 25 years from today, given a YTM of 7%?

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