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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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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe repurchase agreements(repos), their uses, and their benefits and risks
CFA® 2025 Level I Curriculum, Volume 4, Module 4.