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7. Assume you are comparing two money market instruments: a 6-month Treasury bill and a 6-month commercial bank certificate of deposit (CD). The ask yield

7. Assume you are comparing two money market instruments: a 6-month Treasury bill and a 6-month commercial bank certificate of deposit ("CD"). The ask yield on both the T-bill and the bank CD is 2.5%. Which of these two money market instruments has the higher money market rate of return? WHY

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