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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?
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zainabcmu Redemption value is FV
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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

calculate and interpret yield measures for money market instruments

CFA® 2025 Level I Curriculum, Volume 4, Module 8.