Which statement is false regarding repurchase agreements? 1. Repos are a form of an overnight loan. II. In a repo, one bank sells treasuries to a reverse repo writer, with the provision that the seller of the treasuries can buy them back the next business day. III. Repos are extremely common, even the Federal Reserve is a reverse repo participant. IV. Repos have no affect on a bank's balance sheet. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a None arefalse. b Only I and IV are false. c Only lis false. d Only II and III are false. refers to assets that may be withdrawn or sold to raise cash. Which statement is false regarding repurchase agreements? 1. Repos are a form of an overnight loan. II. In a repo, one bank sells treasuries to a reverse repo writer, with the provision that the seller of the treasuries can buy them back the next business day. III. Repos are extremely common, even the Federal Reserve is a reverse repo participant. IV. Repos have no affect on a bank's balance sheet. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a None arefalse. b Only I and IV are false. c Only lis false. d Only II and III are false. refers to assets that may be withdrawn or sold to raise cash