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1. Discuss the different types of notes, bills, and bonds that are sold in the U.S. Treasury market. 2. Discuss the different participants in the

1. Discuss the different types of notes, bills, and bonds that are sold in the U.S. Treasury market. 2. Discuss the different participants in the markets. 3. Discuss how arbitrage opportunities affect the different market participants and the types of interest rates they will require.

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