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Commercial Papers and Money Market funds 1. What is commercial paper? Characterize commercial paper as debt in terms of maturities, credit quality and interest rate.

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Commercial Papers and Money Market funds 1. What is commercial paper? Characterize commercial paper as debt in terms of maturities, credit quality and interest rate. 2. What is money market fund? What happened to the money market fund market in Sept. 2008? 3. What is breaking-the-buck? 4. What is flight to safety? What is the flight to safety in Sept. 2009

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