The following are money market instruments except
A)T-bills.
B)federal agency discount notes.
C)commercial paper.
D)preferred stocks.

Question

Quizplus · Accepted Answer

Money market instruments include short-term, low-risk debt securities such as Treasury bills, federal agency discount notes, and commercial paper. Preferred stocks, on the other hand, represent ownership in a company and are not considered a money market instrument.

The Following Are Money Market Instruments Except