The following are examples of money market instruments:
A. Zero coupon bonds and Floating-rate notes
B. Convertible bonds and Mortgage-Backed Securities
C. Fixed-rate bonds and Step-up bonds
D. Commercial Paper and Certificate of Deposit
Answer:D
The following are examples of money market instruments:
A. Zero coupon bonds and Floating-rate notes B. Convertible bonds and Mortgage-Backed Securities C. Fixed-rate bonds and Step-up bonds D. Commercial Paper and Certificate of Deposit