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Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of 50000367 with

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Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of 50000367 with the promise to buy the back of agric of $10000025. Calculate the yield on the repo it it has a 2-day maturity (write your answer in percentage and round it to 2 decimal places)

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