In 2013, approximately local police departments had one or more officers assigned full-time to a multiagency drug enforcement task force, about twice as many departments as in 2007.

Which of the following correctly describes a repurchase agreement? the sale of a security with a commitment to repurchase the same security at a specified future date and a designated price. the sale of a security with a commitment to repurchase the same security at a future date left unspecified, at a designated price. the purchase of a security with a commitment to purchase more of the same security at a specified future date.