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A dealer predicts that a current 180-day Treasury bill which costs $98 per $100 dollars of face will increase in price by one hundredth of

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A dealer predicts that a current 180-day Treasury bill which costs $98 per $100 dollars of face will increase in price by one hundredth of one percent in two days. What is highest two- day repo rate he can pay and still expect to break even? Show any calculations

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