Asked by Georgia Faulkner on May 16, 2024
Verified
Which one of the following is not a money market instrument?
A) Treasury bill
B) Negotiable certificate of deposit
C) Commercial paper
D) Treasury bond
E) Eurodollar account
Money Market Instrument
Financial securities that provide liquidity and are considered low risk, such as treasury bills, certificates of deposit, and commercial paper, with maturities typically less than one year.
Treasury Bond
Long-term, low-risk government debt securities issued by the U.S. Department of the Treasury, with maturities extending beyond ten years.
Negotiable Certificate
A financial document indicating the holder's right to a specific amount of money that can be bought, sold, or traded.
- Discern the elements and tools relevant to the money market.
Verified Answer
Learning Objectives
- Discern the elements and tools relevant to the money market.
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