单选题
编号：2685936
1. Treasury spot rates (expressed as semiannual-pay yields to maturity) are as follows: 6 months = 4%, 1 year = 5%, 1.5 years = 6%. A 1.5-year, 4% Treasury note is trading at $965. The arbitrage trade and arbitrage profit are:
- A.Buy the bond,sell the pieces,earn $7.09 per bond.
- B.Sell the bond,buy the pieces,earn $7.09 per bond.
- C.Sell the bond,buy the pieces,earn $7.91 per bond.