Question: A STRIPS with 10 years until maturity and a face value of $10,000 is trading for $7,485. What is the yield to maturity? (Do not

A STRIPS with 10 years until maturity and a face value of $10,000 is trading for $7,485. What is the yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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