STRIPS yields A U.S. Treasury STRIPS maturing in 10 years has a current price of $502.57 for

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STRIPS yields A U.S. Treasury STRIPS maturing in 10 years has a current price of $502.57 for $1,000 of face value. What is the yield to maturity of this STRIPS?

a. 7.0 percent

b. 7.12 percent

c. 8.0 percent

d. 8.12 percent

Related Book For answer-question

Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: Jun 10, 2022 02:29 AM

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STRIPS yields A U.S. Treasury STRIPS maturing in 10 years has a current price of $502.57 for

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Introduction To Corporate Finance

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