What is the strips price, A STRIPS traded on May 1 2013,

What is the strips price

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Reference no: EM13809593

A STRIPS traded on May 1 2013, matures in 18 years on May 1 2031. Assuming a 6.1 percent yield to maturity, what is the STRIPS price? (Use Excel to answer this question. Enter your answer as a percentage of par value. Round your answer to 4 decimal places. Omit the "%" sign in your response.)

STRIPS price $

Reference no: EM13809593

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What is the strips price : A STRIPS traded on May 1 2013, matures in 18 years on May 1 2031. Assuming a 6.1 percent yield to maturity, what is the STRIPS price?

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