A $20,000 face value STRIPS is currently quoted at 38.642 and has 8 years to maturity.What is the yield-to-maturity?
A) 6.26 percent
B) 6.30 percent
C) 12.25 percent
D) 12.65 percent
E) 12.83 percent

Name: A $20,000 face value STRIPS is currently quoted at 38.642 and has 8 years to maturity.What is the yield-to-maturity? A) 6.26 percent B) 6.30 percent C) 12.25 percent D) 12.65 percent E) 12.83 percent
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11ea6d0e_c3f3_413d_b3c7_05fea0a37dac_TB1223_00

A $20,000 Face Value STRIPS Is Currently Quoted at 38