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mm2 35 The yield to maturity for a 13.00 year STRIPS is 4.33%. If par value is $1,000. then it should sell for $_______. The

mm2 35

The yield to maturity for a 13.00 year STRIPS is 4.33%. If par value is $1,000. then it should sell for $_______.

The market price of a 18.00-year STRIPS is $305.00 The yield to maturity is ____%.

A tax-exempt municipal bond has a yield to maturity of 5.66%. An investor, who has a marginal tax rate of 25.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to maturity of more than ____%.

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