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A dealer's financing/repo rate is 2.5%. A ten-year bond with a face value of 100 and 5% coupon is priced at 102. What is the
A dealer's financing/repo rate is 2.5%. A ten-year bond with a face value of 100 and 5% coupon is priced at 102. What is the dealer's breakeven price for a 1-year holding period?
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
