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Basic Question 7 of 9
If a dealer is borrowing securities and lending cash to the counterparty, the transaction is termed as a ______.
B. reverse repurchase agreement
C. counterparty repurchase agreement
A. repurchase agreement
B. reverse repurchase agreement
C. counterparty repurchase agreement
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Learning Outcome Statements
describe repurchase agreements(repos), their uses, and their benefits and risks
CFA® 2025 Level I Curriculum, Volume 4, Module 4.