2. Which of the following is incorrect? a. Negotiable certificates of deposit are marketable receipts for funds that have been deposited in a bank for a fixed period. b. Repurchase agreements are legal contracts that involve the actual sale of securities by a borrower to the lender, with a commitment on the part of the lender to pay for the securities at the contract price plus a stated interest charge. c. Commercial paper refers to short-term, unsecured promissory notes sold by large businesses to raise cash. d. Federal agency securities are debt obligations of corporations and agencies that have been created to effect the various lending programs of the U.S. government