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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 $9999076 with
suppose a bank enters a repurchase agreement in which it agrees to sell treasury securities to a correspondent bank at a price of $9999076 with the promise to buy them back at a price of $10000097. Calculate the yield on the repo it has a 2-day multurity .
Remaining Time: 56 minutes, 21 seconds. Question Completion Status: Moving to another question will save this response Qui 227 estion 21 2 points Suppose a bank encers a repurchese agreement in which it agrees to sell Treasury securities to a correspondent back at a price of 590000re with the promise to buy them back at a poce of $10000097 Cecus the one repo if it has a 2-day maherty (write your answer in percentage and round it to 2 decimal places) Activate Windows Step by Step Solution
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