Question: Moving to go w save me response Question 7 2 points Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury

 Moving to go w save me response Question 7 2 points

Moving to go w save me response Question 7 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 59.998.948 with the promise to buy them back at a price of $10,000.065 Calculate the yield on the repo if it has a 5-day maturity. (write your answer in percentage and round it to 2 decimal places)

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