Which of the following are typical federal fund loan maturities? Check all that apply. 5 days 5 years 7 days 10 years Which of the following are properties of federal funds? Check all that apply. The federal funds rate is usually lower than the risk-free T-bill rate. The federal funds market enables depository Institutions to lend or borrow short-term funds from each other at the federal funds rate Credit unions are the most active participants in the federal funds market. Most loan transactions are for $5 million or more