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Which of the following money market investments is essentially a loan arrangement wherein a securities dealer is the borrower and the investor is the lender.

  1. Which of the following money market investments is essentially a loan arrangement wherein a securities dealer is the "borrower" and the investor is the "lender." The investor buys securities from the securities dealer, with an agreement to sell the securities back to the dealer at a later date for a specified higher price?

    Banker's Acceptance

    Commercial Paper

    Repurchase Agreement

    Certificates of Deposit (CD)

    Treasury Bill

  1. Which of the following money market investments is a short-term debt obligations of the U.S. government?

    Treasury Bill

    Commercial Paper

    Bankers Acceptance

    Repurchase Agreement

    Certificates of Deposit (CD)

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