Quiz_6 - Question1 10/10points Moneymarketinstruments a) b)...

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Question 1 10 / 10 points
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Money market instruments  a) mature in one year or  less.  b) are usually sold in  large denominations.  c) have low default risk. d) are characterized by  all of the above.  e) are characterized by  only (a) and (b) of the  above. Question 2 10 / 10 points In situations where asymmetric information problems are not severe,  a) the money markets cannot  allocate short-term funds as  efficiently as banks can.  b) banks have a distinct cost  advantage over the money  markets in providing short- term funds.  c) the money markets have a  distinct cost advantage over  banks in providing short-term  funds.  d) the money markets have a  distinct cost advantage over  banks in providing long-term  funds. Question 3 10 / 10 points Which of the following statements about the money markets are true? a)
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Quiz_6 - Question1 10/10points Moneymarketinstruments a) b)...

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