1. Consider the following information:
		Front Month			Back Month
Settle Date		June 16			July 14
Pool Balance		1,000,000			994,900
Price		$101-17			$101-13
Accrued Interest		1,083			912
Roll Days		28	Reinvestment Rate		1.7%
											Answers
a) What is the amount invested in the front month settle date?
b) What is the interest earned if invested at the reinvestment rate for 28 days (use actual/360 convention)
c) What is the total cash value of the roll position on July 14 before buying back the pool?
d) How much does it cost to buy back the remaining pool balance on July 14?
e) Suppose you immediately sell the pool on July 14 for $101-25, how much do you receive?
f) What is total return in dollars?

Partial answer accepted.