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6 Problem 9-18 Bond Price Changes (LO3, CFA7) US. Treasury STRIPS, close of business February 15, 2019. 6 points Skipped Maturity Feb 2020 Feb

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6 Problem 9-18 Bond Price Changes (LO3, CFA7) US. Treasury STRIPS, close of business February 15, 2019. 6 points Skipped Maturity Feb 2020 Feb 2021 Feb 2022 Price 97.123 Maturity Price Feb 2023 90.066 94.770 92.424 Feb 2024 87.528 Feb 2025 85.410 eBook a-1. 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. (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.) One-year STRIPS 2.962 % Print Three-year STRIPS 2.661 % Six-year STRIPS Seferences a-2. Which one has the largest price change? Three-year STRIPS One-year STRIPS Six-year STRIPS

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