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Yield to maturity (no excel please) Consider a Treasury STRIP bond with a closing ask price of 92.888 which matures 2.5844 years later at which
Yield to maturity (no excel please)
Consider a Treasury STRIP bond with a closing ask price of 92.888 which matures 2.5844 years later at which time the STRIP holder will receive 100% of the face value. Assuming semi-annual compounding, what is the yield to maturity Step by Step Solution
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