Which of the following are typical repurchase agreement maturities? Check all that apply. ...

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Accounting

Which of the following are typical repurchase agreement maturities? Check all that apply.
1 day
1 month
1 year
90
Which of the following are characteristics of repurchase agreements? Check all that apply.
Their denominations are typically $10 million or more.
Banks and savings institutions are common borrowers and investors in repos, whereas money market funds are common investors in these agreements.
Their maturities are normally between 1 and 20 years.
There is no secondary market for repurchase agreements.
Suppose Eileen initially purchased securities at a price of $9,870,000 while agreeing to sell them back to the original owner at a price of $10,000,000 at the end of a 3-month period. Assuming a 360 day year, the yield (or repo rate) on this repurchase agreement is:
4.74%
5.27%
5.48%
5.64%

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