What is the price of a treasury strips with a face value of


What is the price of a Treasury STRIPS with a face value of $100 that matures in 8 years and has a yield to maturity of 8.0 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.

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Financial Management: What is the price of a treasury strips with a face value of
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