Which of the following statements regarding money market instruments is not true?
A) They tend to be highly marketable.
B) They tend to require a large dollar investment.
C) They tend to have a high probability of default.
D) Their rates tend to move together.

Question

Quizplus · Accepted Answer

Money market instruments are known for their safety and low default risk, not a high probability of default. They are short-term debt instruments, typically with high liquidity and low risk.

Which of the Following Statements Regarding Money Market Instruments Is