1 regarding money market instruments how do us treasury, Finance Basics

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1 regarding money market instruments how do us treasury

1. Regarding money market instruments, how do U.S. Treasury bills differ from short-term municipal securities?
2. What are book-entry securities? Can U.S. Treasury securities be held in book-entry format?
3. Regarding the auctioning of new U.S. Treasury bills, how do competitive bids differ from noncompetitive bids?
4. How does a repurchase agreement differ from other money market instruments?
5. How does one calculate the yield on a repo?

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