• A repo agreement

Group of answer choices

a. involves the sale of securities together with an agreement that the seller buys back the securities at a later date at a price that is negotiated at the time of initial sale

b. involves the sale of securities together with an agreement that the seller buys back the securities at a later date at a price to be negotiated in the future

c. involves the sale of securities together with an agreement that the seller will have the option to buy back the securities at a later date at a price to be negotiated in the future

d. is an agreement that allows banks to take possession of homes that become delinquent on mortgage payments