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7. (4 pts) On April 6, 2021 Reuters reported that the reverse repo rate of the RBI was 3.35%/ year. If at that time you,

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7. (4 pts) On April 6, 2021 Reuters reported that the reverse repo rate of the RBI was 3.35%/ year. If at that time you, as a reverse-repo trader for the RBI, completed a 7-day trade by selling bonds back to a commercial bank for INR 750,503,424.70, how much did you pay for those bonds 7 days ago? The currency of India is the Indian Rupee (INR)

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