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Use the following information to answer the following four questions: Maturity Price Maturity Price Nov-16 99.471 Nov-19 95.035 Nov-17 98.782 Nov-20 92.570 Nov-18 96.827 Nov-21

Use the following information to answer the following four questions: Maturity Price Maturity Price Nov-16 99.471 Nov-19 95.035 Nov-17 98.782 Nov-20 92.570 Nov-18 96.827 Nov-21 89.342 8. Calculate the quoted yield for each of the STRIPS given in the table above. Does the market expect rates to go up or down in the future?

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