Which of the following is/are money market instrument(s)?
A)Negotiable CDs
B)Common stock
C)T-bonds
D)4-year maturity corporate bond
E)Negotiable CDs,common stock,and T-bonds

Question

Quizplus · Accepted Answer

Negotiable CDs are short-term debt instruments issued by banks and other financial institutions. They have a maturity of less than a year and are considered to be a money market instrument. Common stock and T-bonds are not money market instruments as they are viewed as long-term securities. The 4-year maturity corporate bond is also not a money market instrument as it has a maturity that exceeds one year.

Which of the Following Is/are Money Market Instrument(s)