Mason recently bought a $10,000 government bond with a 3.5 percent interest rate. For the first two

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Mason recently bought a $10,000 government bond with a 3.5 percent interest rate. For the first two years, his semiannual interest payments were $175, $175, $200, and $200. What kind of government bond would Mason most likely have purchased?

a. Treasury bill

b. Treasury note

c. TIPS

d. Treasury bond

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