Question: Problem 18-9 STRIPS YTM (LO1, CFA2) A STRIPS with 11 years until maturity and a face value of $10,000 is trading for $7,641. What is

Problem 18-9 STRIPS YTM (LO1, CFA2) A STRIPS with 11 years

until maturity and a face value of $10,000 is trading for $7,641.

What is the yield to maturity? (Do not round intermediate calculations. Enter

your answer as a percent rounded to 2 decimal places.) Yield to

Problem 18-9 STRIPS YTM (LO1, CFA2) A STRIPS with 11 years until maturity and a face value of $10,000 is trading for $7,641. What is the yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity

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