Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9999907 with the promise to buy them back at a price of $10000054, Calculate the yield on the repo if it has a 3-day maturity (write your answer in percentage and round it to 2 decimal places)

Question 14 Suppobak enters a pure agrement po than 3-day my wit your amat p which are to Tremory testo che tape of win the protect of 10000 Gee percentage and round to do DELL