Answered: Which one of the following is not a…

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter18: Long-term Debt Financing

Section: Chapter Questions

Problem 1ST

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^{Which one of the following is not a money market instrument?}

^A.

^{Treasury bill}

^B.

^{Negotiable certificate of deposit}

^C.

^{Commercial paper}

^D.

^{Treasury bond}

^E.

^{Eurodollar account}

Please explain all points without plagiarism

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Definition Definition Financial market that deals in securities or assets that are short-term in nature. The money market is responsible for keeping up the liquidity of the businesses and the organizations. These securities are usually held for a period of 12 months or less and are issued by institutions that require cash or funds for their short-term cash flow requirements. The money market is regulated by the federal government.

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