• 2022-06-04
    Which of the following statements about money market securities are true?
    A: The interest rates on all money market instruments move very closely together over time.
    B: The secondary market for Treasury bills is extensive and well developed.
    C: There is no well-developed secondary market for commercial paper.
    D: All of the above are true.
    E: Only (a) and (b) of the above are true.