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A corporation buys certain securities for $4,920,125, with an agreement to sell them back at a price of $4,955,000 at the end of a 60-

A corporation buys certain securities for $4,920,125, with an agreement to sell them back at a price of $4,955,000 at the end of a 60- day period. What is the repo rate? A) 6.99% B) 4.25% C) 5.95% D) 6.04%

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