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suppose a bank enters a repurchase agreement in which it agrees to sell treasury securities to a correspondent bank at price of $ 9,999,431 with

suppose a bank enters a repurchase agreement in which it agrees to sell treasury securities to a correspondent bank at price of $ 9,999,431 with the promise to buy them back at a price of $ 10,000,075. calculate the yeild of the repo if it has a 2-day maturity ( write your answer in percentage and round it to 2 decimal places)

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