Question: A Moving to another question will save this response. Question 22 of 25 Question 22 2 points Suppose a bank enters a repurchase agreement in

A Moving to another question will save this response. Question 22

A Moving to another question will save this response. Question 22 of 25 Question 22 2 points Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9,999.972 with the promise to buy them back at a price of $10,000.057. Calculate the yield on the repo if it has a 2-day maturity. (write your answer in percentage and round it to 2 decimal places)

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