Search for question
Question

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

Fig: 1