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Compare and contrast commercial paper and Treasury bills. Which would typically offer a higher interest rate? Why? When we observe interest rates in the financial

Compare and contrast commercial paper and Treasury bills. Which would typically offer a higher interest rate? Why?

When we observe interest rates in the financial press, do we see nominal or real rates? Which are more relevant to investors?

A Treasury STRIPS matures in 8 years and has a yield to maturity of 1.93 percent. If the par value is $100,000, what is the price of the STRIPS? What is the quoted price?

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