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Which one of the following is not a cash equivalent? a. 180-day note issued by a local or state government b. 90-day U.S. Treasury bill

Which one of the following is not a cash equivalent?

a. 180-day note issued by a local or state government

b. 90-day U.S. Treasury bill

c. 60-day corporate commercial paper

d. 30-day certificate of deposit

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