Question: Because repurchase agreements are collateralized by high-quality securities, their yields are generally_______ the yields on uncollateralized fed funds loans. a. comparable to b. lower than
Because repurchase agreements are collateralized by high-quality securities, their yields are generally_______ the yields on uncollateralized fed funds loans.
a.
comparable to
b.
lower than
c.
higher than
d.
the same as
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