What is the maximum dollar principal you could borrow under, Financial Management

What is the maximum dollar principal you could borrow under

You own $2,000,000 of par value of a 3% semi-annual coupon 6 year Treasury Note. If the quoted price of this note is 105 4/32 and the accrued interest is 0.56325. If “haircuts” are 8% what is the maximum dollar principal you could borrow under a repurchase agreement?

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