Asked by Maryam Ahsan on May 26, 2024
Verified
Which of the following is not considered a money market investment?
A) bankers' acceptance
B) eurodollar
C) repurchase agreement
D) Treasury note
Money Market Investment
Short-term financial instruments with high liquidity, often used for cash management by investors and companies.
Bankers' Acceptance
A short-term financial instrument issued by a company that is guaranteed by a commercial bank.
Treasury Note
A type of U.S. government debt security with a fixed interest rate and maturity between two to ten years.
- Discern the different categories of money market tools and their distinctive qualities.
Verified Answer
BO
Brooke OldfinJun 01, 2024
Final Answer :
D
Explanation :
A Treasury note is considered a debt security and is not typically classified as a money market investment. Money market investments include short-term, low-risk securities such as bankers' acceptances, eurodollars, and repurchase agreements.
Learning Objectives
- Discern the different categories of money market tools and their distinctive qualities.