11. Indicate whether each of the following instruments trades in the money market or the capital market:

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11. Indicate whether each of the following instruments trades in the money market or the capital market:

a. General Motors Acceptance Corporation issues a financial instrument with four months to maturity.

b. The U.S. Treasury issues a security with 10 years to maturity.

c. Microsoft Corporation issues common stock.

d. The State of Mississippi issues a financial instrument with eight months to maturity.

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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