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Business, 30.05.2020 16:58 noeliaalvarado

U. S. Treasury STRIPS, close of business November 15, 2015: Maturity Price Maturity 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 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.

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