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XYZ Corporation Is Trying to Decide Whether It Should Buy

Question 19

Multiple Choice

XYZ Corporation is trying to decide whether it should buy money market instruments or leave its funds on deposit at a commercial bank. Which of the following is an advantage of buying money market instruments over leaving funds on deposit at a commercial bank that XYZ should be aware of?


A) Money market instruments offer a higher yield than leaving funds on deposit at a commercial bank.
B) Money market instruments are safer than leaving funds on deposit at a commercial bank.
C) Money market instruments are more liquid than funds on deposit at a commercial bank.
D) Money market instruments involve a financial middleman.

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