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6. Money market instruments: Banker's acceptances Which of the following are typical banker's acceptance maturity lengths? Check all that apply. 5 years 10 months 60

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6. Money market instruments: Banker's acceptances Which of the following are typical banker's acceptance maturity lengths? Check all that apply. 5 years 10 months 60 days 270 days Which of the following are properties of banker's acceptances? Check all that apply. The return on banker's acceptances is typically higher than the return on a T-bill. The return on banker's acceptances is typically lower than the return on a T-bill. Banker's acceptances are commonly used for domestic trade transactions. Activity in the secondary market for banker's acceptances is high

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