Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9999556 with the promise to buy them back at a price of $10000045. Calculate the yield on the ropo if it has a 4-day maturity (write your answer in percentage and round it to 2 decimal places)

Question 23 2 points Hoonektor arounche groent in sich of ages to sed roury secubers to a compondent bank at pe of 5099955 who prom thay them back to po toooors Case they the day matuty tame your answer in pentage and round to 2 decimal places) wp