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In terms of timing of cash flow payments, there are four (4) basic types of credit market instruments. 1. List at least three (3) of

In terms of timing of cash flow payments, there are four (4) basic types of credit market instruments.

1. List at least three (3) of these different types.

2. Define at least three (3) of these different types.

3. How would you decide which of these instruments provides you with the most income?

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