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Use the following Treasury STRIPS quote to answer the following questions. Treasury STRIPS Quote (as of 9/15/2021) Maturity Bid Asked Chg Asked yield 9/15/2031 89.521
Use the following Treasury STRIPS quote to answer the following questions.
| Treasury STRIPS Quote (as of 9/15/2021) | ||||
| Maturity | Bid | Asked | Chg | Asked yield |
| 9/15/2031 | 89.521 | 89.532 | 0.102 | 1.11 |
- When a 10-year Treasury note is converted into Treasury STRIPS, how many different Treasury STRIPS maturities will there be from the 10-year Treasury note? Explain your answer.
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