A 120-day maturity money market security has a bond equivalent yield of 3.70 percent. The security's EAR is Select one: 3.67% O 3.66% 3.81% O 3.75% O 3.64% 0 3.72% O 3.55% What is the discount yield on a $10 million commercial paper issue that currently sells at 98.5% percent of its face value and is 90 days from maturity? PRESENT YOUR ANSWER AS PERCENT ROUNDED TO ZERO DECIMAL PLACES. DON'T WRITE THE PERCENTAGE SYMBOL (IF YOUR ANSWER IS 95% JUST WRITE 95 ) Answer: A repurchase agreement is the purchase of a security with an agreement to sell it back in the future Select one: O True False