The price of a 6-month T-bill is 96.73. You wish to enter into a repurchase agreement that

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The price of a 6-month T-bill is 96.73. You wish to enter into a repurchase agreement that provides for your purchase of a $100,000 bond in 10 days at a price of 97.02. What is the implied 10 day repo rate in this transaction?

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Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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Posted Date: Feb 15, 2024 04:25 AM

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The price of a 6-month T-bill is 96.73. You wish to enter into a repurchase agreement that

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Financial Reporting and Analysis

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