Question
A Treasury STRIPS with a maturity of 9 years and a face value of $100 has a yield to maturity of 2.7%. What is the
A Treasury STRIPS with a maturity of 9 years and a face value of $100 has a yield to maturity of 2.7%.
What is the price of the security (in $)?
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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