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4. Following are U.S. Treasury benchmarks available on December 31,2007 US/T 3.125 11/30/2009 US/T 3.375 11/30/2012 US/T 4.25 11/15/2017 US/T 4.75 02/15/2037 3.133 3.507 4.096

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4. Following are U.S. Treasury benchmarks available on December 31,2007 US/T 3.125 11/30/2009 US/T 3.375 11/30/2012 US/T 4.25 11/15/2017 US/T 4.75 02/15/2037 3.133 3.507 4.096 4.518 On the same day, the following trades were executed Issuer Issue Yield (% Time Warner Cable Inc. McCormick & Co. Inc Goldman Sachs Group Inc. TWC 6.55 05/01/2037 MKC 5.75 12/15/2017 6.373 5.685 GS 5.45 11/01/2012 4.773 Based on the above, complete the following table Benchmark Relative Yield Yield Yield Treasury (%) Benchmark Spread (bps) Spread Ratio Issue TWC 6.55 05/01/2037 6.373 MKC 5.75 12/15/2017 5.685 GS 5.45 11/01/2012 4.773 4. Following are U.S. Treasury benchmarks available on December 31,2007 US/T 3.125 11/30/2009 US/T 3.375 11/30/2012 US/T 4.25 11/15/2017 US/T 4.75 02/15/2037 3.133 3.507 4.096 4.518 On the same day, the following trades were executed Issuer Issue Yield (% Time Warner Cable Inc. McCormick & Co. Inc Goldman Sachs Group Inc. TWC 6.55 05/01/2037 MKC 5.75 12/15/2017 6.373 5.685 GS 5.45 11/01/2012 4.773 Based on the above, complete the following table Benchmark Relative Yield Yield Yield Treasury (%) Benchmark Spread (bps) Spread Ratio Issue TWC 6.55 05/01/2037 6.373 MKC 5.75 12/15/2017 5.685 GS 5.45 11/01/2012 4.773

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