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Suppose that Dealer A conducted a repo with Bank B. The Treasury note's (collateral) face value is $100 million. The repurchase price is $109 million
Suppose that Dealer A conducted a repo with Bank B. The Treasury note's (collateral) face value is $100 million. The repurchase price is $109 million with a repo rate of.5% (annualized). After 101 days later, A buys back the security at settlement. What is the final buying price
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