A $50,000 face value STRIPS matures in 12 years and has a yield to maturity of 6.50 percent.What is the current dollar price of this security?
A) $21,199.68
B) $23,206.44
C) $25,038.18
D) $26,141.41
E) $28,809.18

Name: A $50,000 face value STRIPS matures in 12 years and has a yield to maturity of 6.50 percent.What is the current dollar price of this security? A) $21,199.68 B) $23,206.44 C) $25,038.18 D) $26,141.41 E) $28,809.18
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A $50,000 Face Value STRIPS Matures in 12 Years and Has