Examlex
Use a calculator to give the real number value. Round the answer to 7 decimal places.
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Money Market Instruments
Financial instruments that provide liquidity and short-term financing in the money market, such as treasury bills, commercial paper, and certificates of deposit.
High-risk Securities
Financial instruments that offer a high potential return but also present a higher likelihood of loss.
Quick Resell
The act of selling an item or property soon after its purchase, typically to capitalize on market conditions or make a quick profit.
General Obligation Bond
A type of municipal bond backed by the credit and taxing power of the issuing jurisdiction rather than the revenue from a given project.
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