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You observe a 1-week repo quoted with a rate of 100 bps. The face value is $10,000. How much is the interest payment? A) $100
You observe a 1-week repo quoted with a rate of 100 bps. The face value is $10,000. How much is the interest payment?
A) $100
B) $0.19
C) $1,019.00
D) $1.89
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