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The following US Treasury benchmarks were available on a trading day: UST 5 . 1 2 5 1 1 / 3 0 / 2 0
The following US Treasury benchmarks were available on a trading day:
UST
UST
UST
UST
On the same day, the following trades were executed:
Issue Yield Benchmark Spread
Time Warner Cable TWC
McCormick MKC
Goldman Sachs GS
Identify the treasury benchmark for each issue and calculate the benchmark spread.
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