U.S. Treasury STRIPS, close of business November 15, 2015 Price November '16 99.471 November 19 95.035 November '17 98.782 November '20 92.570 November '18 96.827 November '21 89.342 Maturity Price Maturity a-1. Suppose the (quoted) yield on each of the six STRIPS increases by 0.05 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? OThree-year STRIPS Oone-year STRIPS OSix-year STRIPS b-1. Suppose the quoted price on each STRIPS decreases by 0.500. 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-vear STRIPS U.S. Treasury STRIPS, close of business November 15, 2015 Price November '16 99.471 November 19 95.035 November '17 98.782 November '20 92.570 November '18 96.827 November '21 89.342 Maturity Price Maturity a-1. Suppose the (quoted) yield on each of the six STRIPS increases by 0.05 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? OThree-year STRIPS Oone-year STRIPS OSix-year STRIPS b-1. Suppose the quoted price on each STRIPS decreases by 0.500. 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-vear STRIPS