What are money market funds mmfs what types of securities, Financial Management

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What are money market funds mmfs what types of securities

1. T-bills Versus CDs. Compare the interest rates offered on T-bills and CDs. Which type of investment is more liquid? Why?

2. MMFs. What are money market funds (MMFs)? What types of securities do they invest in? What is commercial paper? Are MMFs risky investments? Are MMFs liquid?

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