if any answer is wrong please correct them

7. Institutional use of money markets Use the following table to determine what type of financial institution engages in each of the given money market activities. Activity in Money Markets Finance companies Commercial banks and savings institutions Money market mutual funds Insurance companies Pension funds Issue commercial paper. Engage in repurchase agreements. Use proceeds from shares sold to invest in repurchase agreements. Invest in money market securities to maintain liquidity in their investment portfolios. Which of the following are Eurodollar certificate of deposit denominations? Check all that apply. $500,000 $750,000 $2,000,000 $6,000,000 Which of the following are characteristics of Eurodollar securities? Check all that apply. A secondary market for Euro-commercial paper exists. Eurodollar CD denominations are typically $1 million or more. A secondary market for Eurodollar CDs does not exist. Only governments and large corporations participate in the Eurodollar market. Suppose Sean (a U.S. investor) purchases a 35-day Euro-commercial paper with a par value of 1,000,000 Indian rupees for a price of 995,000 Indian rupees. If the rupee is worth $0.011, the spot rate is anticipated to be $0.011990 per rupee at the end of maturity, and Sean holds the Euro- commercial paper until then, assuming a 360 day year, the effective yield is: 13.62% 14.49% 14.64% 15.08%