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suppose a bank enters a repurchase agreement in which it agrees to buy treasury securities from a correspondent bank at a price of $24,950,000, with

suppose a bank enters a repurchase agreement in which it agrees to buy treasury securities from a correspondent bank at a price of $24,950,000, with the promise to buy them back at a price of $25,000,000. A.) calculate the yield on the repo if it has 4-day maturity? B.) calculate the yield on the repo if it has a 12-day maturity?

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