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Question 14 Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to contespondent bankat a price of 59,999.427 with

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Question 14 Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to contespondent bankat a price of 59,999.427 with the promiso by them back at a prica of $10,000,051. Calculate the yield on the repo it it has a 3-day maturity. (write your answer in percentage and found it to 2 decimal places Oont of 26

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