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Use the following Treasury STRIPS quote to answer the following questions. Treasury STRIPS Quote (as of 9/15/2021) Maturity Bid Asked Chg Asked yield 9/15/2031 89.521

Use the following Treasury STRIPS quote to answer the following questions.

Treasury STRIPS Quote (as of 9/15/2021)

Maturity

Bid

Asked

Chg

Asked yield

9/15/2031

89.521

89.532

0.102

1.11

  1. If the Asked of a Treasury STRIPS with two years to maturity is greater than 100, what would that tell you about two-year interest rates?

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