Without commission or transfer fees

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Reference no: EM131054579

If you want to buy a six (6) year STRIP quoted at BID 90.490, ASK 90.544, to earn a yield of 5%, what price per $100 of face value (without commission or transfer fees) would you pay? 5. If the same STRIP was available to you for $735.00 per $100 of face value, what would be the YTM to you, if you bought it (again, no commission or transfer fees)?

Reference no: EM131054579

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