The following table shows the prices of a sample of Treasury strips. Each strip makes a single payment at maturity. Years to Maturity Price, (% of face value) 1 98.752 % 2 95.251 3 91.444 4 87.380 a....

The following table shows the prices of a sample of Treasury strips. Each strip makes a single payment at maturity.

a.What is the 1-year interest rate?(Do not round inte
rmediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

b.What is the 2-year interest rate?(Do not round int
ermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

c.What is the 3-year interest rate?(Do not rou
nd intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

d.What is the 4-year interest rate?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

e.Is the yield curve upward-sloping, downward-sloping, or flat?

f.Is this the usual shape of the yield curve?