________ is not a money market instrument.
A) A certificate of deposit
B) A Treasury bill
C) A Treasury bond
D) Commercial paper

Question

Quizplus · Accepted Answer

Treasury bonds are not considered money market instruments because they have a longer maturity period (usually over 10 years) and are not typically traded in the money market. Money market instruments have a maturity period of less than one year and are actively traded in the money market. Choices A, B, and D are all considered money market instruments.

________ Is Not a Money Market Instrument