If the current discount rate on 15-year strip bonds is 4.75% compounded semi-annually, how many $1,000 face value strips can be purchased with $10,000?

Name: If the current discount rate on 15-year strip bonds is 4.75% compounded semi-annually, how many $1,000 face value strips can be purchased with $10,000?
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The Answer of If the current discount rate on 15-year strip bonds is 4.75% compounded semi-annually, how many $1,000 face value strips can be purchased with $10,000?

If the Current Discount Rate on 15-Year Strip Bonds Is