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Use the money rates section of the Wall Street Journal to determine the 3 0 - day yield ( annualized ) of commercial paper, certificates

Use the

money rates

section of the Wall Street Journal to determine the

30 -

day yield

(

annualized

)

of commercial paper, certificates of deposit, and T

-

Bills. Which of these securities has the highest yield? Why? Which of these securities has the lowest yield? Why?

Would you invest in any of these securities based on current market conditions?

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