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Question 25 Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of

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Question 25 Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of 59,999.198 percentage and round it to 2 decimal places) 2 points to a correspondent bankat a price of $9.998,198 with the promise to buy them back at a price of $10,000,034. Calculate the yield on the repo if it hun a day maturity.write your answerin Question 25 of 25 Close Window Sare and Submit

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