Question

In: Finance

Securities in the money market includes all except: A. bonds B. T-bills C. commercial paper D....

Securities in the money market includes all except:

A. bonds B. T-bills C. commercial paper D. banker’s acceptance

Solutions

Expert Solution

Ans B. T-bills

Securities in the money market includes all except T-bills. Securities in the money market includes bonds, commercial paper, banker’s acceptance. All money market funds are required to have a dollar weighted average portfolio maturity that cannot exceed 90 days.


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