The agreement which incurs the transaction between two parties and promise held that second party will repurchase security at specific price is classified as Options: A . &nbsprepurchasing commercial notes B . &nbsprepurchase bills C . &nbsprepurchase agreement D . &nbspreverse repurchase agreement

The agreement which incurs the transaction between two parties and promise held

Question

The agreement which incurs the transaction between two parties and promise held that second party will repurchase security at specific price is classified as

Options:

A . repurchasing commercial notes

B . repurchase bills

C . repurchase agreement

D . reverse repurchase agreement

Answer: Option C
Answer: (c).repurchase agreement

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