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An interbank loan is arranged in the money market where CBA will borrow $25 mil for 79 days at the cash rate that is currently
An interbank loan is arranged in the money market where CBA will borrow $25 mil for 79 days at the cash rate that is currently 1.4% p.a. simple interest. How much must Morgan Stanley repay at the maturity of this loan? $25,075,587.19 O $25,075,695.12 O $25,075,753.42 $25,075,327.81 $25,075,487.36
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