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Federal Funds Effective Rate 2022/05 0.77 2021/05 0.06 3 Month Treasury Bill (Secondary Market Rate) Discount Basis 2022/05 0.98 2021/05 0.02 90 Day AA Nonfinancial
Federal Funds Effective Rate
2022/05 0.77
2021/05 0.06
3 Month Treasury Bill (Secondary Market Rate) Discount Basis
2022/05 0.98
2021/05 0.02
90 Day AA Nonfinancial Commercial Paper Interest Rate
2022/05 1.08
2021/05 0.05
Q1. Given the hierarchy of returns you have created for Fed Funds, commercial paper, and T-bills, where would you expect the yields of 3-month negotiable CDs and bankers' acceptances to fall? Explain.
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