Question

A Treasury STRIPS matures in 5 years and has a yield to maturity of 6.4 percent. Assume the par value is $100,000. a. What is

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Price of Stip 72,949 86f / Quoted price are elative to a falo amount 100 Quoted pvice So1 न२, १११.56B /000 F2.941YTM 64f. Given Syeavs PAR =1000 0o 17 Price of ship Par Velue YTM 1000 00f 0.O6411O 78,979.86

Add a comment
Know the answer?
Add Answer to:
A Treasury STRIPS matures in 5 years and has a yield to maturity of 6.4 percent....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT