Short-term debt secunties have a maturity of one year or less. The characteristics of the debt securities will depend upon the capital needs of the borrower and the investment needs of the lender. In the following table, identify the term that best matches each type of short-term debt security being described Term Eurodollar deposit Definition Lehman Manufacturers needs to borrow $1 million overnight and is willing to secure the loan with a portfolio of securities that the borrower will repurchase tomorrow at a higher price. This is an example of a A security in which an investment company pools and manages capital from many investors in order to invest primarily in short-term financial assets that would otherwise be unavailable to the individual investors A discounted unsecured security issued by large and exceptionally financially sound firms and sold to other sophisticated businesses Repurchase agreement Certificate of deposit Commercial paper Jackson Drilling Company (DC) U.S. multinational firm that conducts business and holds funds throughout Europe and Asia. To support its Asian operations, Marshall has deposited several million U.S. dollars in a Tokyo bank. This is an example of: A banker's acceptance A commercial paper A money market mutual fund O A certificate of deposit O A Eurodollar deposit True or False In general, term loans may be created and modified more easily than bond issues because (1) there are fewer parties to the transaction, and (2) the borrower and the lender have the potential to meet directly to reach mutually agreeable terms, True O False True or folue: Just like term loans, bond issues do not have to be registered with the Securities and Exchange Commission (SEC). True False