Question: You decide to borrow $500,000.00 for 103 days on a repo.Your dealer quotes you a rate of 7.36% with a haircut of 4.125%. You reverse

You decide to borrow $500,000.00 for 103 days on a repo.Your dealer quotes you a rate of 7.36% with a haircut of 4.125%. You reverse out a portfolio of T-Bills worth at least $___?___. Interest on the loan is $___?___ so you will repay your dealer $___?___. The money market yield on this loan is ___?___% and the straight yield on this loan is___?___ %.

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