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In 2008, why did the run on money market funds affect the commercial paper market? O Because investors withdrew cash from money market funds to
In 2008, why did the run on money market funds affect the commercial paper market? O Because investors withdrew cash from money market funds to invest in commercial papers. O Because rumor had it that those fund managers are incompetent in investing commercial papers. O Because companics issued commercial papers to invest in money market funds. O Because these money market funds started to dump their holdings of commercial paper to maintain liquidity, which caused a sharp increase in interest rates of commercial papers
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Risk Management And Financial Institutions
Authors: John C Hull
6th Edition
1119932483, 9781119932482
