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A bank enters a reverse repo. It buys a Treasury security for $10,000 today and will...

A bank enters a reverse repo. It buys a Treasury security for $10,000 today and will sell it back for $10,012 in 5 days. What is the single payment yield? Enter your answer as a percentage and to 4 decimal places (e.g. write 4.25 if the answer is four and a quarter percent).

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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