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Please ignore the answers I currently have typed in. I do not know if they are correct. U.S. Treasury STRIPS, close of business November 15,
Please ignore the answers I currently have typed in. I do not know if they are correct.
U.S. Treasury STRIPS, close of business November 15, 2015 price November 16 99.471November 19 95.035 November 17 98.782November '20 92.570 November 18 96.827November 21 89.342 Maturity Price Maturity a. According to the pure expectations theory of interest rates, how much do you expect to pay for a five-year STRIPS on November 15, 2016? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) Price 99.735: % b. According to the pure expectations theory of interest rates, how much do you expect to pay for a two-year STRIPS on November 15, 2018? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) Price 98.398 % . U.S. Treasury STRIPS, close of business November 15, 2015 price November 16 99.471November 19 95.035 November 17 98.782November '20 92.570 November 18 96.827November 21 89.342 Maturity Price Maturity a. According to the pure expectations theory of interest rates, how much do you expect to pay for a five-year STRIPS on November 15, 2016? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) Price 99.735: % b. According to the pure expectations theory of interest rates, how much do you expect to pay for a two-year STRIPS on November 15, 2018? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) Price 98.398 %Step by Step Solution
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