U.S. Treasury STRIPS, close of business February 15, 2019: Price 97.123 Maturity Feb 2020 Feb 2021 Feb 2022 94.770 Maturity Feb 2023 Feb 2024 Feb 2025 Price 90.066 87.528 85.410 92.424 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 Three-year STRIPS Six-year STRIPS % % a-2. Which one has the largest price change? Three-year STRIPS One-year STRIPS Six-year STRIPS b-1. Suppose 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. (Input all amounts as positive values. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) % One-year STRIPS Three-year STRIPS Six-year STRIPS % % b-2. Which one has the largest yield change? Three-year STRIPS One-year STRIPS Six-year STRIPS U.S. Treasury STRIPS, close of business February 15, 2019: Price 97.123 Maturity Feb 2020 Feb 2021 Feb 2022 94.770 Maturity Feb 2023 Feb 2024 Feb 2025 Price 90.066 87.528 85.410 92.424 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 Three-year STRIPS Six-year STRIPS % % a-2. Which one has the largest price change? Three-year STRIPS One-year STRIPS Six-year STRIPS b-1. Suppose 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. (Input all amounts as positive values. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) % One-year STRIPS Three-year STRIPS Six-year STRIPS % % b-2. Which one has the largest yield change? Three-year STRIPS One-year STRIPS Six-year STRIPS