A treasury strips is quoted at 76116 and has 7 years until


A Treasury STRIPS is quoted at 76.116 and has 7 years until maturity. What is the yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

YTM % =

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Financial Management: A treasury strips is quoted at 76116 and has 7 years until
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