3. Classic Repo trade details: Principal: $10,000,000 Bond price: 100% Repo principal: $10,000,000 Repo rate: 5.00% Actu
Posted: Wed May 18, 2022 11:09 pm
3. Classic Repo trade details: Principal: $10,000,000 Bond price: 100% Repo principal: $10,000,000 Repo rate: 5.00% Actual/360 Term: 7 days Bond price at maturity: 101% Calculate the repo interest and the repurchase value at maturity.