A STRIPS traded on May 1, 2017, matures in 12 years on May 1, 2029. Assuming a

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A STRIPS traded on May 1, 2017, matures in 12 years on May 1, 2029. Assuming a yield to maturity of 4.4 percent, what is the STRIPS price?(Use Excel to answer this question. Enter your answer as a percentage of par value. Round your answer to 4 decimal places.)

Posted Date: May 18, 2024 11:08 PM

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A STRIPS traded on May 1, 2017, matures in 12 years on May 1, 2029. Assuming a

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