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Dealer reports $25,000,000 par of treasury note to WaMu for 79 days. Its market value is $27,000000. Its repo haircut is 4%. How much WaMu

  1. Dealer reports $25,000,000 par of treasury note to WaMu for 79 days. Its market value is $27,000000. Its repo haircut is 4%. How much WaMu can borrow?

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