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A STRIPS traded on May 1, 2017 matures in 12 years on May 1, 2029. The quoted STRIPS price is 55.75. What is its yield

A STRIPS traded on May 1, 2017 matures in 12 years on May 1, 2029. The quoted STRIPS price is 55.75. What is its yield to maturity? (Use Excel to answer this question. Enter your answer as a percent rounded to 2 decimal places.)

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