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The answer it not 3.81 A Treasury STRIPS is quoted at 89.388 and has 3 years until maturity. What is the yield to maturity? (Do
The answer it not 3.81
A Treasury STRIPS is quoted at 89.388 and has 3 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.) Answer is complete but not entirely correct. YTM 3.81 X %Step by Step Solution
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