Business, 10.11.2019 02:31 ophanteen

Suppose a bank enters a repurchase agreement in which it agrees to buy treasury securities from a correspondent bank at a price of $38,950,000, with the promise to buy them back at a price of $39,000,000.a. calculate the yield on the repo if it has a 6-day maturity. (use 360 days in a year. do not round intermediate calculations. round your answer to 2 decimal places. (e. g., 32.16))yield on the repo %b. calculate the yield on the repo if it has a 18-day maturity. (use 360 days in a year. do not round intermediate calculations. round your answer to 2 decimal places. (e. g., 32.16))yield on the repo %

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Suppose a bank enters a repurchase agreement in which it agrees to buy treasury securities from a co...

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