Question
Use the following table to determine what type of financial institution engages in each of the given money market activities. Activity in Money Markets Finance
Use the following table to determine what type of financial institution engages in each of the given money market activities.
| Activity in Money Markets | Finance companies | Commercial banks and savings institutions | Money market mutual funds | Insurance companies | Pension funds | |
|---|---|---|---|---|---|---|
| Issue commercial paper. |
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| Issue NCDs. |
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| Use proceeds from shares sold to invest in bankers acceptances. |
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| Invest in money market securities to maintain liquidity in their investment portfolios. |
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The Bible Of Cryptocurrency
Authors: Giannis Andreou
1st Edition
979-8363050039
