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Q9. The annualised yield on a repo with an initial sale value of 750,000 is 2.46 per cent. The repo has 39 days until maturity.
Q9. The annualised yield on a repo with an initial sale value of 750,000 is 2.46 per cent. The repo has 39 days until maturity. (a) What will be the repurchase price? (b) If the days to maturity are 68, what will be its future purchase price? Use a 360-day count convention throughout.
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