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A 9 0 - day T - bill is quoted at a discount yield of 4 . 3 % and a repurchase agreement is quoted

A 90-day T-bill is quoted at a discount yield of 4.3% and a repurchase agreement is quoted at an add-on rate of 4.3%. Both securities have the same risk, par value of $100,000 and 30/360 day count convention. You want to invest in one of these securities. Which one would you pick and why?

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