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14) Explain whether you agree or disagree with the following statements: a) In the history of MMFs, the buck has been broken only once. b)

14) Explain whether you agree or disagree with the following statements:

a) In the history of MMFs, the buck has been broken only once.

b) A prime MMF is allowed to invest in any private money market instrument as long as it has a maturity of less than one year.

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