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Problem 9-1 STRIPS (LO3, CFA7) What is the price of a Treasury STRIPS with a face value of $100 that matures in 15 years and

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Problem 9-1 STRIPS (LO3, CFA7) What is the price of a Treasury STRIPS with a face value of $100 that matures in 15 years and has a yield to maturity of 70 percent? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Price

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