Question: Questan win save that response Question 2427 Question 24 2 points Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury

 Questan win save that response Question 2427 Question 24 2 points

Questan win save that response Question 2427 Question 24 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 $9998838 with the promise to buy them back at a pre of $10000073 Calculate the yield on the repo it it has a 6-day maturity (write your answer in percentage and round it to 2 decimal places)

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