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There are two market-based notes maturing on April 30, 2021. Note #1: coupon= 0.0225, buy price = 101.78125, sell price = 101.0625 Note #2: coupon

There are two market-based notes maturing on April 30, 2021.

Note #1: coupon= 0.0225, buy price = 101.78125, sell price = 101.0625

Note #2: coupon = 0.0125, buy price = 100.578125, sell price = 100.5625.

Is there an arbitrage opportunity in the two notes? Why or why not?

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