What is the yield of the November 17 STRIPS expressed as an EAR? U.S. Treasury STRIPS, close

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What is the yield of the November €™17 STRIPS expressed as an EAR?

U.S. Treasury STRIPS, close of business November 15, 2015:

Price Price Maturity November '19 Maturity November '16 99.471 95.035 November '20 November '21 November '17 98.782 92.5

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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