(1 point) Consider the Nelson-Siegel yield curve y(T) = 0.09 -0.06. 1-e-0.87 0.8T (a) What is the long rate? Express your answer as a percent, to the nearest basis point. Yield = 9 % compounded continuously (b) What is the short rate? Express your answer as a percent, to the nearest basis point. Yield = 3 % compounded continuously (c) If the short rate increased by 0.5% and the spread (difference) between the long and short rates decreased by 0.1%, what would the new yield curve be?. y(T) = 1-e-0.87 0.8T