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Question 5 ( 1 0 points ) A $ 7 5 , 0 0 0 face value STRIPS is quoted at 9 5 . 1

Question 5(10 points)
A $75,000 face value STRIPS is quoted at 95.100. What is the dollar price?
Question 5 options:
$71,067.50
$71,150.00
$71,215.00
$71,277.78
$71,325.00

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