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Which of the following securities is not considered part of the short-term, highly liquid money market? 1. Treasury Bills 2. Bankers Acceptances 3. Commercial Paper

Which of the following securities is not considered part of the short-term, highly liquid money market?
1.
Treasury Bills
2.
Bankers Acceptances
3.
Commercial Paper
4.
Certificates of Deposit
5.
None of the above

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