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All of the following Money Market instruments are calculated by simple interest except: Federal Funds and Treasury Bills Bankers Acceptances and Certificates of Deposit Commercial

  1. All of the following Money Market instruments are calculated by simple interest except:

  1. Federal Funds and Treasury Bills
  2. Bankers Acceptances and Certificates of Deposit
  3. Commercial Paper and Federal Funds
  4. Treasury Bills and Bankers Acceptances

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