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Attempts Keep the Highest/0.1 5. Money market instruments: Federal funds Which of the following are typical federal fund loan denominations? Check all that apply. $600,000

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Attempts Keep the Highest/0.1 5. Money market instruments: Federal funds Which of the following are typical federal fund loan denominations? Check all that apply. $600,000 $3,000,000 $10,000,000 $11,000,000 Which of the following are properties of federal funds? Check all that apply. Most loan transactions have a maturity of 1 to 7 days. The Interbank loan volume outstanding is less than $100 billion. The federal funds market enables depository institutions to lend or borrow short-term funds from each other at the federal funds rate. The federal funds rate is usually higher than the risk-free T-bill rate

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