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5 Suppose a dealer bank is considering buying $20,000,000 of bonds and it wants to borrow as much as possible using an overnight repurchase agreement
5 Suppose a dealer bank is considering buying $20,000,000 of bonds and it wants to borrow as much as possible using an overnight repurchase agreement ("repo").
(a) Outline one risk the dealer bank faces by adopting this "rollover strategy" to finance its bond purchase
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