Problem 6-30 Yield Curve (L04) The following table shows the prices of a sample of Treasury strips. Each strip makes a single payme maturity Years to Maturity Price, (of face value) 98.552% 2 95.051 3 91.244 4 87.180 a. What is the 1-year interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. What is the 2-year interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. What is the 3-year interest rate? (Do not round intermediate calculations. Enter your answer as percent rounded to 2 decimal places.) d. What is the 4-year interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) e. Is the yield curve upward-sloping, downward-sloping, or flat? f. Is this the usual shape of the yield curve? a Interest rate b Interest rate Interest rate d e Interest rate is the yield curve upward-sloping downward-sloping or flat? Is this the usual shape of the yield curve? f