Repurchase Agreements Are

Multiple Choice

Repurchase agreements are

A) long-term agreements to buy a government security that will then be sold back to the original seller.
B) long-term agreements to buy a corporate bond that will then be sold back to the original seller.
C) short term agreements in which the seller sells a government security with the simultaneous agreement to buy the security back at a higher price on a later date.
D) short-term agreements to sell a corporate bond that will then be bought back by the original buyer.