What must the market value of the collateral be at inception

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If a classic repo is done for EUR 50 million cash against GC with an initial margin of 2% what must the market value of the collateral be at inception?

Reference no: EM132605046

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What must the market value of the collateral be at inception : If a classic repo is done for EUR 50 million cash against GC with an initial margin of 2% what must the market value of the collateral be at inception?
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