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%

C

Business

You might also like to view...

_________: Defines acceptable behavior as that which maximizes consequences for individual. Doing right thing = doing what promotes greatest good for self. If everyone follows, well-being of society should increase

Fill in the blank(s) with the appropriate word(s).

Business

The primary goal for most management negotiators in bargaining is to ________

a. decrease the number of work hours b. maximize the health insurance benefits provided to the employees c. increase the value of the cost-of-living adjustments d. minimize the cents-per-hour direct wage increase

Business