Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price of $24,995,000, with a promise to buy them back at a price of $25,000,000. (a) (12 points) Calculate the yield on the repo, the bond equivalent yield, and the equivalent annual return if it has a 7-day maturity. (b) ( 12 points) Calculate the yield on the repo, the bond equivalent yield, and the equivalent annual return if it has a 21-day maturity.