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Posted on Jul 26, 2024

A STRIPS traded on February 2 9 , 2 0 2 4 , matures in 1 8 years on March 1 , 2 0 4

A STRIPS traded on February

29, 2024,

matures in

18

years on March

1, 2042 .

Assuming a yield to maturity of

4.3

percent, what is the STRIPS price?Note: Use Excel to answer this question. Enter your answer as a percentage of par value. Round your answer to

4

decimal places.

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