Question
Problem 9-3 STRIPS (LO3, CFA7) A Treasury STRIPS is quoted at 58.353 and has 7 years until maturity. What is the yield to maturity? (Do
Problem 9-3 STRIPS (LO3, CFA7)
A Treasury STRIPS is quoted at 58.353 and has 7 years until maturity. What is the yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
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Managerial Finance Essentials
Authors: Charles O. Kroncke, Alan E. Grunewald, Erwin Esser Nemmers
2nd Edition
0829901590, 978-0829901597
