Which of the Following Money Market Investments Is a Short-Term

question 99

Multiple Choice

Which of the following money market investments is a short-term, unsecured debt obligation issued by a large corporation? The minimum denomination is $25,000, but most have a face value of $100,000 or more.

• A) banker's acceptance
• B) commercial paper
• C) repurchase agreement
• D) certificates of deposit
• E) Treasury bills

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Definitions:

Big XII Championship

An annual championship game determining the conference champion of the Big XII Conference, primarily in American college football.

U.S. Treasury Bills

Short-term government securities issued by the United States Department of the Treasury with maturity periods ranging from a few days to 52 weeks.

Common Stocks

Shares of ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends or stock appreciation.

Riskless Assets

Financial instruments that are considered to have a minimal possibility of default, often yielding a guaranteed, but lower, return.