Property that is pledged to the lender in the event that a borrower cannot make his or her debt points interest, collateral. good faith money Money marketcet instruments are usually sold in large denominations have low default risk. mature in one year or less. are characterized by all of the above. are characterized by only A and B of the above. Which of the following statements about the money markets are true? Most money market securities do not pay interest. Instead, the investor pays less for the security than it will be worth when it matures Pension funds invest a portion of their assets in the money market to have sufficient liquidity to moot their obligations. Unlike most participants in the money market, the U.S. Treasury Department is always a demander of money market funds and never a supplier. All of the above are true. Only A and B of the above are true. Which of the following is the largest borrower in the money markets? Commercial banks Large corporations Q The US. Treasury U.S. firms engaged in foreign trade Money market instruments issued by the U.S. Treasury an? called Treasury bills. Treasury notes. Treasury bonds. Treasury strips. Federal funds are short-term funds transferred between financial institutions, usually for a period of one day. actually have nothing to do with the federal government. provide banks with an immediate infusion of reserves. are all of the above. are only A and B of the above