All of the following are money market securities except:
Corporate bonds. |
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Treasury bills. |
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Repurchase agreements. |
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All of the above are money market securities. |
Money market securities are securties with short term maturities upto one year.
Option a, Corporate bonds is a security issued by companies to raise money.
Option b, Treasury bills is a short term financial instrument issued by US treasury backed by the full faith and credit of the US government.
Option c, Repurchase agreements are instruments to raise short term funds.
Hence, the correct answer is option a.
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