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Question 11 (1 point) Suppose there is a $1000 repo with a 3% haircut, at...

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Question 11 (1 point) Suppose there is a $1000 repo with a 3% haircut, at a 6% annual interest rate for a term of 60 days. Assume simple interest and a 360-day year. What is one of the things that happens at the maturity of the contract? O The borrower returns $970 of Treasury Bonds to the lender The lender returns $970 of Treasury Bonds to the borrower O The lender sends $1010 to the borrower O The borrower sends $1010 to the lender

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