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A STRIPS traded on November 1,2022 , matures in 12 years on November 1,2034 . The quoted STRIPS price is 62.75. What is its yleld
A STRIPS traded on November 1,2022 , matures in 12 years on November 1,2034 . The quoted STRIPS price is 62.75. What is its yleld to maturity? Note: Use Excel to answer this question. Enter your answer as a percent rounded to 2 decimal places
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