Multiple Choice
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?
A) 0.10%
B) 0.20%
C) 0.30%
D) 0.40%
Correct Answer:
Verified
Correct Answer:
Verified
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