What is its yield to maturity

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Reference no: EM132184177

Question -

1. Explain how state chartered banks are regulated. Be specific in indicating the designated bank regulator(s) for each of these banks.

2. A STRIPS security has a maturity of 9 years. A recent price quote for this security was 79.40. What is its yield to maturity?

Reference no: EM132184177

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