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).
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
Get Answers For Free
Most questions answered within 1 hours.