Question
A Treasury STRIPS matures in 9 years and has a yield to maturity of 12.4 percent. Assume the par value is $100,000. What is the
A Treasury STRIPS matures in 9 years and has a yield to maturity of 12.4 percent. Assume the par value is $100,000.
| What is the price of the STRIPS? ( I got the right answer here = $33865.59)
|
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Handbook Of Research On Theory And Practice Of Financial Crimes
Authors: Abdul Rafay
1st Edition
1799855678, 978-1799855675
