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Partial Question 10 0.5/1 pts A Treasury STRIPS matures in 7 years and has a yield to maturity of 4.4 percent. Assume the par value

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Partial Question 10 0.5/1 pts A Treasury STRIPS matures in 7 years and has a yield to maturity of 4.4 percent. Assume the par value is $100,000. (a) What is the price of the STRIPS? 73737.34 (b) What is the quoted price? STRIPS prices are quoted as a percentage of par. 73.737 Answer 1: 73737.34 Answer 2: 73.737

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