Question: A repurchase agreement is a . a long - term collateralized loan b . an asset that represents the value of all collateral repossessed by

A repurchase agreement is
a. a long-term collateralized loan
b. an asset that represents the value of all collateral repossessed by the bank and held for sale
c. an agreement where the parties agree to reverse the transaction on a specific day
d. only made between two or more banks
A repurchase agreement is a. a long-term collateralized loan b. an

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