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NEW QUESTION: 1
A US security yields 7% on an annually-compounded bond basis. What is the equivalent annually-compounded money market yield?
A. 7.03%
B. 6.90%
C. 7.09%
D. 6.95%
Answer: B
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The two-week repo rate for the 5.25% Bund 2011 is quoted to you at 3.33-38%. You agree to reverse in bonds worth EUR 266,125,000.00, but insist on an initial margin of 2%. You would earn repo interest of:
A. EUR 342,810.40
B. EUR 337,739.24
C. EUR 342,947.58
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Answer: D
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A. Details
B. Show Bindings
C. Cert Links
D. OCSP Bindings
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