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What is the price of the strips

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A Treasury STRIPS matures in 11.0 years and has a yield to maturity of 7.9 percent. Assume the par value is $100,000,

What is the price of the STRIPS? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

What is the quoted price? (Round your answer to 3 decimal places.)

Reference no: EM131607984

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