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A STRIPS traded on May 1 , 2 0 2 3 matures in 1 2 years on May 1 , 2 0 3 5 .
A STRIPS traded on May matures in years on May
The quoted STRIPS price is What is its yield to
maturity?
Note: Use Excel to answer this question. Enter your
answer as a percent rounded to decimal places.
Yield to maturity
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