1. Using your local newspaper or The Wall Street Journal, find the current rates of interest on...
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1. Using your local newspaper or The Wall Street Journal, find the current rates of interest on the following marketable securities. If you were a financial manager for a large corporation, which would you invest extra cash in? Which would you invest in if you worked for a small business?
a. Three-month T-bills
b. Six-month T-bills C. Commercial certificates of deposit
d. Commercial paper
e. Eurodollar deposits
f. Money market deposits
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