Question: Consider information from the table. Face Coupon Coupon Maturity Bond value rate payments (months) Price STRIP $100 - - 6 $98 STRIP $100 12 Treasury

Consider information from the table.

Face Coupon Coupon Maturity Bond value rate payments (months) Price STRIP $100 - - 6 $98 STRIP $100 12 Treasury Note $100 6% Semiannual 12 $102 Note: The coupon rate is an annualized rate that was annualized by multiplying the semiannual rate by two. Suppose that the Law of One Price holds. Find the price of the 12-month STRIP (with a face value of $100). Please round your answer to the nearest cent (e.g., $123.45)

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