Question: 3 ) A bank is looking for ( $ 1 5 0 ) million of financing for 3 0 days. It can

3) A bank is looking for \(\$ 150\) million of financing for 30 days. It can borrow a 30-day Eurodollar deposit at an annual rate of 2.4\%, or it can repo \(\$ 150\) 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 30 days likely be greater than, equal to, or less than \(\$ 150.3\) million - and why?
 3) A bank is looking for \(\$ 150\) million of financing

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