A $7,500 face value STRIPS matures in 8 years and is currently quoted at a price of 65.24. What is the yield-to-maturity?
A)3.21%
B)3.38%
C)4.87%
D)5.41%
E)5.76%

Name: A $7,500 face value STRIPS matures in 8 years and is currently quoted at a price of 65.24. What is the yield-to-maturity? A)3.21% B)3.38% C)4.87% D)5.41% E)5.76%
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The Answer of A $7,500 face value STRIPS matures in 8 years and is currently quoted at a price of 65.24. What is the yield-to-maturity?
A)3.21%
B)3.38%
C)4.87%
D)5.41%
E)5.76%

A $7,500 Face Value STRIPS Matures in 8 Years and Is