A $1,000 Face Value STRIPS with 12 Years to Maturity

question 110

Multiple Choice

A $1,000 face value STRIPS with 12 years to maturity is quoted at 54.75. What is its yield to maturity?

• A) 5.08%
• B) 4.93%
• C) 5.86%
• D) 2.04%
• E) 3.09%

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Definitions:

Trainer's Style

The unique approach or method used by a trainer or educator in delivering content and facilitating learning among participants.

Greater Retention

Involves strategies or outcomes that result in improved ability to recall or retain information over longer periods.

Subject-Matter Expert

An individual who possesses detailed knowledge or specialized skills in a particular area or field.

Expressive Trainer

A trainer who utilizes emotion and enthusiasm to facilitate learning, keeping trainees engaged through dynamic and animated presentations.