Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $56, $63 and $23, respectively. The firms have 132 million, 102 million and 110 million shares outstanding, respectively. If the index is value-weighted, calculate its initial value. (round your answer to 2 decimal places) Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9,999.272 with the promise to buy them back at a price of $10,000,069. Calculate the yield on the repo if it has a 4-day maturity. (write your answer in percentage and round it to 2 decimal places) 7.1796