Which of the following instruments are traded in a money market?
A) Bank commercial loans
B) Commercial paper
C) State and local government bonds
D) Residential mortgages

Question

Quizplus · Accepted Answer

Commercial paper is a short-term debt security issued by corporations and is a commonly traded instrument in the money market. Bank commercial loans and residential mortgages are longer-term debt instruments that are not typically traded in the money market. State and local government bonds may be traded in the money market but are more commonly associated with the bond market.

Which of the Following Instruments Are Traded in a Money