What is the effective, compound rate of interest you earn if youenter into a repurchase...
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What is the effective, compound rate of interest you earn if youenter into a repurchase agreement in which you buy a Treasury bill for $76,789 and agree tosell it after a month (30 days) for $77,345? What is the compound rate of interest youpay if you sell a Treasury bill for $76,789 and repurchase it after 30 days for $77,345
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