A $5,000 face value STRIPS matures in 7 years and is currently quoted at a price of 64.238.What is the yield-to-maturity?
A)3.21 percent
B)3.38 percent
C)4.87 percent
D)6.42 percent
E)6.76 percent

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The Answer of A $5,000 face value STRIPS matures in 7 years and is currently quoted at a price of 64.238.What is the yield-to-maturity?
A)3.21 percent
B)3.38 percent
C)4.87 percent
D)6.42 percent
E)6.76 percent

A $5,000 Face Value STRIPS Matures in 7 Years and Is