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Please show all work..thank you 1. Following are U.S. Treasury benchmarks available on December 31, 2007: US/T 3.125 11/30/2009 3.133 US/T 3.375 11/30/2012 3.507 US/T
Please show all work..thank you
1. Following are U.S. Treasury benchmarks available on December 31, 2007: US/T 3.125 11/30/2009 3.133 US/T 3.375 11/30/2012 3.507 US/T 4.25 11/15/2017 4.096 US/T 4.75 02/15/2037 4.518 On the same day, the following trades were executed: Issuer Yield Issue Twc 6.55 05/01/2037 Time Warner Cable Inc 6.373 McCormick & Co. Inc. MKC 5.75 12/15/2017 5.685 Goldman Sachs Group Inc GS 5.45 11/01/2012 4.773 Based on the above, complete the following table: Yield Treasury Benchmark Benchmark Spread (bps) Relative Yield Spread Issue Twc 6.55 05/01/2037 6.373 MKC 5.75 12/15/2017 5.685 4.773 GS 5.45 11/01/2012Step by Step Solution
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