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STRIPS yields A U.S. Treasury STRIPS maturing in 10 years has a current price of $502.57 for $1,000 of face value. What is the yield

STRIPS yields A U.S. Treasury STRIPS maturing in 10 years has a current price of $502.57 for $1,000 of face value. What is the yield to maturity of this STRIPS?

a. 7.0 percent

b. 7.12 percent

c. 8.0 percent

d. 8.12 percent

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