Question: Question 2 Question 25 2 points Save A Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a

Question 2 Question 25 2 points Save A Suppose a bank

Question 2 Question 25 2 points Save A Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9,999,095 with the promise to buy them back at a price of $10,000,099. 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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