1) Today is May 15 2023. The 6-month Treasury bill (that matures on November 15, 2023)

sells for 98.22 (in % of par terms), and the 7.5% November 15, 2023 Treasury note sells

for 102.11 (in % of par terms). Is there an arbitrage trade in this market? If so, show the

trade and all of its cash Fows. Can Use Excel

2. Today is August 15, 2022. The 4.25% August 15, 2023 note sells for 99.11 (% of par). The

STRIPS that matures on February 15, 2023 sells for 97.8974 (% of par) and the August

15, 2023 STRIPS sells for 95.59 (% of par). Is there an arbitrage trade in this market? If

so, show the trade and all of its cash flows. Can Use Excel