Question 17 2 points Save Answer Suppose a bank enters a repurchase agreement in which...
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Question 17 2 points Save Answer Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of 59.999,986 with the promise to buy them back at a price of $10,000.078. Calculate the yield on the repo if it has a 4-day maturity. (write your answer in percentage and round it to 2 decimal places)
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