Question: https://www.treasurydirect.gov/instit/annceresult/press/press.htm The information is on this link above on the 9 year 11 month Treasury notes on 9/12/2017. It is the first PDF in the

https://www.treasurydirect.gov/instit/annceresult/press/press.htm

The information is on this link above on the 9 year 11 month Treasury notes on 9/12/2017. It is the first PDF in the first row.

a. Find the competitive auction results for the 9 year 11 month Treasury Notes that were auctioned on 9/12/2017 and identify the price plus accrued interest that successful bidders would have to pay to receive the bonds on 9/15/2017.

b.. Use the accrued interest formula to solve for the # of days of accrued interest implied by the accrued interest in #1 above.

c. How do coupon strips differ from principal strips in the US Treasury STRIPS market?

d. What is the difference between Treasury Notes and TIPS?

e. What is a GSE and how did their debt differ from Treasury Debt?

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