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Business, 06.12.2019 04:31 jsh65bsbs

Buser corp. purchases certain securities for $4,921,349, with an agreement to sell them back at a price of $4,950,000 at the end of a 30-day period. the repo rate is percent.
a. 7.08
b. 6.95
c. 6.99
d. 7.04
e. none of the above

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