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Question 27 2 points Sex fre Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury secures to a correspondent bank

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Question 27 2 points Sex fre Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury secures to a correspondent bank at a price of $0090627 with the promise to buy the back at a price of $100000 Calculate the yield on the repo if it has a 5-day maturity fwrite your answer in percentage and round it to 2 decimal places)

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