A repurchase agreement calls for an investor to buy securities for $4,925,00 . and sell them back in 60 days for $5,000,000 . What is the yield?
a. 9.43 percent
b. 9.28 percent
c. 9.14 percent
d. 9.00 percent
c
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Broker Brown entered into an oral listing agreement with the seller without a subsequent written verification. As to the payment of a commission to Brown, it would be:
a. Contrary to public policy. b. Prohibited by Commissioner rules and regulations. c. Permissible if the seller elects to do so, but not enforceable. d. Against the law.
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A major advantage of using the Internet for a contest is that individuals can participate in the contest for its intrinsic value
Indicate whether the statement is true or false
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