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3I0-012 · Question #89

The spot/week repo rate for the 4.25% OAT 2015 is quoted to you at 2.35-38%. You buy bonds with a market value of EUR 3,295,500.00 through a sell/buy-back. The Repurchase Price is:

The correct answer is B. EUR 3,297,005.86. See the full explanation below for the reasoning.

Question

The spot/week repo rate for the 4.25% OAT 2015 is quoted to you at 2.35-38%. You buy bonds with a market value of EUR 3,295,500.00 through a sell/buy-back. The Repurchase Price is:

Options

  • AEUR 3,297,004.19
  • BEUR 3,297,005.86
  • CEUR 3,297,025.09
  • DEUR 3,296,985.23

How the community answered

(27 responses)
  • A
    4% (1)
  • B
    81% (22)
  • C
    11% (3)
  • D
    4% (1)

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