How does a money market deposit account (MMDA) differ from a NOW account? When might a depositor
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When might a depositor use an MMDA?
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Like a NOW account a MMDA has minimum balance requir...View the full answer
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A money market hedge is a technique used to lock in the value of a foreign currency transaction in a company\'s domestic currency. Therefore, a money market hedge can help a domestic company reduce its exchange rate or currency risk when conducting business transactions with a foreign company.
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