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I have highlighted a Treasury Note STRIP maturing on March 15, 2024 with its selling prices. What is the asked yield rate? Hint: Assume the
I have highlighted a Treasury Note STRIP maturing on March 15, 2024 with its selling prices. What is the asked yield rate? Hint: Assume the Settlement Date is April 19, 2023 and if using weeks in your formula, 47 weeks. U.S. Treasury Strips Monday, April 15, 2022 U.S. zero-coupon STRIPS allow investors to hold the interest and principal components of eligible Treasury notes and bonds as separate securities. STRIPS offer no interest payment, investors receive payment only at maturity. Quotes are as of 3 p.m. Eastern time based on transactions of $1 million or more. Yields calculated on the ask quote. Coupon Maturity Treasury Note, Stripped Principal 7/31/23 8/15/23 8/31/23 9/15/23 8/31/23 9/30/23 10/15/23 10/31/23 12/15/23 12/31/23 1/15/24 1/31/24 2/15/24 2/29/24 3/15/24 3/31/24 2.75 6.25 0.125 0.125 2.75 2.875 0.125 0.375 0.125 0.75 0.125 0.875 2,75 0.25 1.5 2125 Bid 99.136 100.192 98.094 98.04 99.084 99.064 97.244 97.212 97 97.062 96.19 96.31 98.102 96.006 97.056 97.17 Asked 99.142 100.196 98.1 98.044 99.09 99.07 97.25 97.216 97.004 97.066 96.194 96.314 98.106 96.012 97,062 97.174 molemme THE minis Chg -0.004 -0.028 0.014 0.018 0.002 0.002 0.018 0.008 0.604 -0.002 -0.004 -0.69 -0.03 -0.014 -0.026 -0.016 NELL PANS: INFOhou w
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