Ask Question
23 May, 18:02

Which of the following is an example of a money market instrument?

A. a share of stock in IBM

B. U. S. government treasury bill with six months to maturity

C. a John Deere bond with 20 years to maturity

D. a mortgage

+5
Answers (1)
  1. 23 May, 18:05
    0
    Answer: The following is an example of a money market instrument: U. S. government treasury bill with six months to maturity

    These instruments are known as securities that provide enterprise, banks, and authorities with sizable amounts of low-cost capital. The time period is nightlong, a day, weeks, or even months.

    Therefore, the correct option is (b).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is an example of a money market instrument? A. a share of stock in IBM B. U. S. government treasury bill with six ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers