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The cash prices of six-month and one-year Treasury bills are $97.0 and $94.0. A 1.5-year Treasury bond that will pay coupons of $4 every six
The cash prices of six-month and one-year Treasury bills are $97.0 and $94.0. A 1.5-year Treasury bond that will pay coupons of $4 every six months (i.e., annual coupon of $8, where half the state cou...
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