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QUESTION 6 Questions 6-8 are related and share the same information: You decide to invest in $5,000,000.00 of Certificate of Deposit due in 247 days

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QUESTION 6 Questions 6-8 are related and share the same information: You decide to invest in $5,000,000.00 of Certificate of Deposit due in 247 days and quoted at 9.125%. You finance the investment with a repo at 9.000% over the same period. You earn interest on your investment in the Certificate of Deposit of $_ (dollars, rounded to two places after the decimal) QUESTION 7 (dollars, rounded to two places after the decimal) You pay interest on repo of $ (refers to the above problem statement) QUESTION 8 (dollars, rounded to two places after the decimal) thereby making a profit of $ (refers to the above problem statement) QUESTION 6 Questions 6-8 are related and share the same information: You decide to invest in $5,000,000.00 of Certificate of Deposit due in 247 days and quoted at 9.125%. You finance the investment with a repo at 9.000% over the same period. You earn interest on your investment in the Certificate of Deposit of $_ (dollars, rounded to two places after the decimal) QUESTION 7 (dollars, rounded to two places after the decimal) You pay interest on repo of $ (refers to the above problem statement) QUESTION 8 (dollars, rounded to two places after the decimal) thereby making a profit of $ (refers to the above problem statement)

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