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Problem 9-4 What is the yield to maturity on a Treasury STRIPS with 4 years to maturity and a quoted price of 87.269? (Do not

Problem 9-4

What is the yield to maturity on a Treasury STRIPS with 4 years to maturity and a quoted price of 87.269? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

YTM

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