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A STRIPS traded on May 1 , 2 0 2 2 , matures in 1 8 years on May 1 , 2 0 4 0
A STRIPS traded on May matures in years on May Assuming a yield to maturity of 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 decimal places.
STRIPS price
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