Suppose you needed 50 million of overnight financing and, Financial Management

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Suppose you needed 50 million of overnight financing and

Suppose you needed $50 million of overnight financing and would collateralize with $51,000,000 in Treasury securities (market value). If the quoted rate is 1.77%, what amount do you need to repay (i.e. the price at which you resell to the lender) the next day? please show work

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Financial Management: Suppose you needed 50 million of overnight financing and

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