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Part I
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Financial Markets and Products
Financial Markets and Products
Easy
Thornfield Asset Management enters a $200M overnight repo using Treasury bonds as collateral with a 2% haircut. What is the market value of Treasuries that Thornfield must deliver?
A
$204.08 million
B
$204.00 million
C
$196.00 million
D
$200.00 million
Select an answer to continue
Tags
#repo-market
#haircut-calculation
#collateral
#money-markets
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