A STRIPS traded on May 1, 2022, matures in 18 years on May 1, 2040. Assuming a
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A STRIPS traded on May 1, 2022, matures in 18 years on May 1, 2040. Assuming a 4.1 percent yield to maturity, what is the STRIPS price?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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