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Which statement about repurchase agreements is false? a.Repurchase agreements are short-term loans. b.Repurchase agreements are only made with risk-free assets such as T-bills. c.Repurchase agreements

Which statement about repurchase agreements is false?

a.Repurchase agreements are short-term loans.

b.Repurchase agreements are only made with risk-free assets such as T-bills.

c.Repurchase agreements can be arranged with the Fed acting as the reverse repo counterparty.

d.Most repurchase agreements are overnight transactions.

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