Which of the Following Is True of Money Market Instruments

question 33

Multiple Choice

Which of the following is true of money market instruments?

• A)Their yields are highly correlated over time.
• B)They typically sell for par value when they are initially issued (especially T-bills and commercial paper).
• C)Treasury bills have the highest yield.
• D)They all make periodic coupon (interest)payments.
• E)They typically sell for par value when they are initially issued (especially T-bills and commercial paper)AND t reasury bills have the highest yield.

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