The agreement which incurs the transaction between two parties and pro – McqOptions

MCQOPTIONS

1.	The agreement which incurs the transaction between two parties and promise held that second party will repurchase security at specific price is classified as
A.	repurchasing commercial notes
B.	repurchase bills
C.	repurchase agreement
D.	reverse repurchase agreement
Answer» D. reverse repurchase agreement

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