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You borrow $706,634 in a repurchase agreement. The current repo-rate is 3% and the loan duration is 62 days. What is the interest cost (expressed
You borrow $706,634 in a repurchase agreement. The current repo-rate is 3% and the loan duration is 62 days. What is the interest cost (expressed in dollars) you are accepting in this transaction? Round your answer to the nearest two decimals if needed. Do not type the $ symbol. 
You borrow $706,634 in a repurchase agreement. The current repo-rate is 3% and the loan duration is 62 days. What is the interest cost (expressed in dollars) you are accepting in this transaction? Round your answer to the nearest two decimals if needed. Do not type the \$ symbol
You borrow $706,634 in a repurchase agreement. The current repo-rate is 3% and the loan duration is 62 days. What is the interest cost (expressed in dollars) you are accepting in this transaction? Round your answer to the nearest two decimals if needed. Do not type the $ symbol.
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