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What is the single payment yield of a repurchase agreement that has an initial loan (purchase) value of $10 million, and a repayment (repurchase) price
What is the single payment yield of a repurchase agreement that has an initial loan (purchase) value of $10 million, and a repayment (repurchase) price of $10,002,259 for a 10 day loan? What is the bond equivalent yield?
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