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C. 25GE
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NEW QUESTION: 3
A bond is trading 50 basis points special for 1 week, while the 1-week GC repo rate is 3.25%. If you held GBP 10,500,000.00 of this bond, what would be the cost of borrowing against it in the repo market?
A. GBP 1,006.85
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Answer: B
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