Question: 3 ) A bank is looking for ( $ 1 5 0 ) million of financing for 3 0 days. It can
A bank is looking for $ million of financing for days. It can borrow a day Eurodollar deposit at an annual rate of or it can repo $ million of Treasury securities If it chooses the latter, would it be the initial buyer or seller of the securities and would the repurchase price of the securities in days likely be greater than, equal to or less than $ million and why?
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