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STRIPS Yields ( LO3, CFA6 ) A U.S. Treasur y STRIPS maturin g in 10 y ears has a current p rice of $ 502.57
STRIPS Yields ( LO3, CFA6 ) A U.S. Treasur y STRIPS maturin g in 10 y ears has a current p rice of $ 502.57 for $ 1,000 of face value. What is the y ield to maturit y of this STRIPS?
a. 7.0 p ercent
b. 7.12 p ercent
c. 8.0 p ercent
d. 8.12 p ercent
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
