The collapse of Lehman Brothers is the largest bankruptcy in the USA. There are two types of repo transactions used by Lehman Brothers: Repo 102 and Repo 105. The former is a regular one, but the latter is a special transaction. That Lehman Brothers used Repo 105 has made Repo 105 headlines. Three questions are related to Repo 105 and legal regulations on Repo accounting. Follow the terminology on page 62 of Chapter 2 teaching notes. Lehman Brothers are the Seller. Assume Prudential Financial is the Buyer. Assume the Repo interest rate for Repo 105 is 2.5%. Hint: One of the most exhaustive information sources for Lehman Brothers' collapse investigation is the Report of Anton Valukas, but the report is quite long. Students, feel free to search for alternative sources on the internet. Question: Knowing the true purpose of Repo 105 is not consistent with United States GAAP principles, what did Lehman Brothers practise