Which one of the following statements is true regarding, Ask an Expert

Finance

Which one of the following statements is true regarding repurchase agreements?

a. their initial maturity is greater than 1 year

b. they are an unsecured form of borrowing

c. U. S. Treasury securitites serve as their collateral

d. They make explict, rather than implict , interest payments

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91945932

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