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Business, 24.10.2019 03:20 nayelimoormann

Lehman manufacturers needs to borrow $1 million overnight and is willing to secure the loan with a portfolio of securities that the borrower will repurchase tomorrow at a higher price. this is an example of a: a security in which an investment company pools and manages capital from many investors in order to invest primarily in short-term financial assets that would otherwise be unavailable to the individual investors a discounted unsecured security issued by large and exceptionally financially sound firms and sold to other sophisticated businesses. what fraction of the payment made at the end of the second year will represent repayment of the principal? show financial calculator solution.

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