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7. Institutional use of money markets Use the following table to determine what type of financial institution engages in each of the given money market

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7. Institutional use of money markets Use the following table to determine what type of financial institution engages in each of the given money market activities Activity in Money Markets Finance companies Commercial banks and savings Institutions Money market mutual funds Insurance companies Pension funds Issue commercial paper E Provide backup lines of credit to firms that issue commercial paper. Use proceeds from shares sold to invest in NCDs Invest in money market securities to maintain liquidity in their investment portfolios. Grade It Now Save & Continue

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