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Business, 12.03.2020 03:40 jamaicalove2880

You buy a principal STRIP maturing in five years. The price quote per hundred of par for the STRIP is 75.75 percent. Using semiannual compounding, what is the promised yield to maturity on the STRIP

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You buy a principal STRIP maturing in five years. The price quote per hundred of par for the STRIP i...
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