4. Money market instruments: Repurchase agreements Which of the following are typical repurchase agreement denominations? Check all that apply. $100,000 $900,000 $40,000,000 $80,000,000 Which of the following are characteristics of repurchase agreements? Check all that apply. Their maturities are normally between 1 and 15 days, 1 month, 3 months, or 6 months. The size of the repo market is approximately $5 trillion. There is no secondary market for repurchase agreements. Most repo transactions are backed by commercial paper or NCDs. Suppose Neha initially purchased securities at a price of $39,400,000 while agreeing to sell them back to the original owner at a price of $40,000,000 at the end of a 3-month period. Assuming a 360 day year, the yield (or repo rate) on this repurchase agreement is: 5.66% 5.79% 6.09% 6.27%