Question
You decide to borrow $5,000,000.00 for 292 days on a repo. Your dealer quotes you a rate of 9.35% with a haircut of 3.500%. You
You decide to borrow $5,000,000.00 for 292 days on a repo. Your dealer quotes you a rate of 9.35% with a haircut of 3.500%. You reverse out a portfolio of T-Bills worth at least $__
Interest on the loan is $__
so you will repay your dealer $ __
The money market yield on this loan is %__
and the straight yield on this loan is __
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Liars Poker Rising Through The Wreckage On Wall Street
Authors: Michael Lewis
1st Edition
0393246108,0393247147
