18. Bond Price Changes (LO3, CFA7) Suppose the (quoted) yield on each of the six STRIPS increases by .05 percent. Calculate the percentage change in price for the one-year, three-year, and six-year STRIPS. Which one has the largest price change? Now suppose that the quoted price on each STRIPS decreases by .500. Calculate the percentage change in (quoted) yield for the one-year, three-year, and six-year STRIPS. Which one has the largest yield change? What do your answers tell you about the relationship between prices, yields, and maturities for discount bonds?