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Please assist me to answer the following: (1)What is the money market? Why is it preferred to bank loans? Explain. (2)List and explain at least
Please assist me to answer the following:
(1)What is the money market? Why is it preferred to bank loans? Explain.
(2)List and explain at least 3 Money Market securities? What type of organization uses these securities and for what purpose?
(3)Similar to what we did in class, create two problems where you solve for the discount of a Treasury Bill (360 days) and calculate the annualized yield for a Treasury Bill (365 days). Provide the equations, the numbers for the variables, and then calculate the answers.
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