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please Fast Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of
please Fast Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9,999,150 with the promise to buy them back at a price of $10,000,090. Calculate the yield on the repo if it has a 6-day maturity. (write your answer in percentage and round it to 2 decimal places)
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