1. A STRIPS traded on March 1 2015, matures in 16 years on March 1 2031. Assuming a 4.7 percent yield to maturity, what is the STRIPS price?
2. A STRIPS traded on November 1 2013, matures in 12 years on November 1 2025. The quoted STRIPS price is 78.4. What is its yield to maturity?