Question: Please anser multiple choices for 8 & 9 i ively hew money market security, having developed only in the late 1970s, but havin They can
i ively hew money market security, having developed only in the late 1970s, but havin They can be bought and sold until they mature, i.e., there is a relatively active secondary marke O Their primary use is in international trade 8. which of the following is not true of commercal paper (Point : 3) O it matures in nine months (actually 270 days) or less O it is issued by only the largest and most creditworthy corporations O it is normally collateralized (secured) by U.S. Treasury bills it normally yields a higher return than T bills 9. Which of the following is not a characteristic of money market securities: (Points : 3) they are short term they are highly liquid e) they are normally traded in very large denominations (ie, high dollar transactions) O they are risk free O all the above are characteristics of money market securities 10. An important financial institution that assists in the initial sale of securities in the primary market is the: (Points : 3) " investment bank commercial bank money market mutual
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