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What is a money market repo and why do interest rates for repos tend to be very low? (2 Marks) If the Selling Price for

What is a money market repo and why do interest rates for repos tend to be very low? (2 Marks) If the Selling Price for a 180-day UK Repo was 20,000,000 and the Annual Interest Rate was 0.688%, what would the buy-back price be? (2 Marks)

(4Marks)

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