Indirect Transfers through Investment Banks Direct Transfers Indirect Transfers through Financial Intermediaries Scenario A small startup firm has each of the partners contribute $50,000 in capital to help the company make payroll for the next three months. W2 Corp. needs capital to finance a new product line. It borrows money in the form of long-term bonds underwritten by an investment bank. Citibank issues a loan to Jennifer for the expansion of her flower delivery business. Steve's grandfather loans him $30,000 to start a small coffee shop in the East Village in Manhattan. Which of the following are money market instruments? Check all that apply. Preferred stocks Long-term bank loans O Treasury bills Certificates of deposit Common stocks