Money market fund assets include all of the following, EXCEPT
A)stocks.
B)repurchase agreements.
C)Treasury bills.
D)CDs.

Question

Quizplus · Accepted Answer

Money market funds typically invest in short-term, high-quality investments like Treasury bills, certificates of deposit (CDs), and repurchase agreements. They do not invest in stocks, which are considered more volatile and not suitable for the conservative investment strategy of money market funds.

Money Market Fund Assets Include All of the Following, EXCEPT