What is the price of a strips with a maturity of 10 years a


What is the price of a STRIPS with a maturity of 10 years, a face value of $10,000, and a yield to maturity of 5.4 percent? A municipal bond has 21 years until maturity and sells for $5,165. It has a coupon rate of 3.80 percent and it can be called in 11 years. What is the yield to call if the call price is 105 percent of par?

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Financial Management: What is the price of a strips with a maturity of 10 years a
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