Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price of $27,950,000, with the promise to buy them back at a price of $28,000,000 a. Calculate the yield on the repo if it has a 6-day maturity. b. Calculate the yield on the repo if it has a 20-day maturity. (For all requirements, places. (e.g., 32.16161)) use 360 days in a year. Do not round intermediate calculations. Round your answers to 5 decimal Yield on the repo . Yield on the repo b