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Use the following information about a hypothetical government security dealer named J.P. Groman. (Market yields are in parentheses; amounts are in millions.) Assets Liabilities and

Use the following information about a hypothetical government security dealer named J.P. Groman. (Market yields are in parentheses; amounts are in millions.) Assets Liabilities and Equity Cash $ 26 Overnight repos $ 225 1-month T-bills (7.21%) 107 Subordinated debt 3-month T-bills (7.41%) 107 7-year fixed (8.71%) 166 2-year T-notes (7.66%) 66 8-year T-notes (9.12%) 116 5-year munis (floating rate) (8.36% reset every six months) 41 Equity 72 Total $ 463 Total $ 463

a. What is the repricing

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