Question: identify the financial instruments based on the following descriptions : Issued by money-centered financial firms, these short- or medium-term insured debt instruments pay higher interest

identify the financial instruments based on the following descriptions : money-centered financial firms, these short- or medium-term insured debt instruments pay higher

Issued by money-centered financial firms, these short- or medium-term insured debt instruments pay higher interest than a regular savings account. They are low-risk instruments and have low returns. Certificates of deposit Commercial paper Money market mutual funds

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