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Money Market Instruments Are Considered a Good Place to "Park

Question 59

Multiple Choice

Money market instruments are considered a good place to "park cash" because:


A) they will always be registered in your name so you'll be sure to get your interest payments.
B) they always pay interest semiannually.
C) you should be able to convert them into cash within one business day.
D) they are all guaranteed to pay both interest and maturity value.

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