Strips traded-what is the strips price

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1. A STRIPS traded on March 1 2015, matures in 16 years on March 1 2031. Assuming a 4.7 percent yield to maturity, what is the STRIPS price?

2. A STRIPS traded on November 1 2013, matures in 12 years on November 1 2025. The quoted STRIPS price is 78.4. What is its yield to maturity?

Reference no: EM131623641

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