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Basic Question 6 of 10
Consider a 90-day repo with a face value 100 and a quoted add-on rate of 4.5% for an assumed 360-day year. What is the redemption amount?
User Contributed Comments 1
| User | Comment |
|---|---|
| zainabcmu | Redemption value is FV |
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Craig Baugh
Learning Outcome Statements
calculate and interpret yield measures for money market instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 8.