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Titleist Corporation arranged a repurchase agreement in which it purchased securities for $2,500,000 and will sell the securities back for $2,534,000 in 72 days. What

image text in transcribed Titleist Corporation arranged a repurchase agreement in which it purchased securities for $2,500,000 and will sell the securities back for $2,534,000 in 72 days. What is the yield (or repo rate) to Titleist Corporation

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