A 2%, 3-year US Treasury is selling at 100.25 . The 5% , 3-year IBM is selling at 100.65. Both bonds pay interest semi-annually. The G-spread in basis points on the IBM bond is closest to

		a. 264 bps.
		b. 285 bps.
		c. 300 bps
		d. 345 bps
		e. 435 bps

A 3-year floating-rate note pays 6-month Libor plus 140 bps. The floater is priced at 97 per 100 of par value. Current 6-month Libor is 1.00%. Assume a 30/360 day-count convention and evenly spaced periods. The discount margin for the floater in basis points is closest to:

		a. 218 bps.
		b. 246 bps.
		c. 342 bps.
		d. 180 bps.
		e. 239 bps.