Investment 10th edition by Bodie, Kane,

Which of the following is not a money market instrument? A. Treasury bill B. commercial paper C. preferred stock D. bankers' acceptance 2. T-bills are issued with initial maturities of: I. 4 weeks II. 16 weeks III. 26 weeks IV. 32 weeks A. I and II only B. I and III only C. I, II, and III only D. I, II, III, and IV 3. When computing the bank discount yield, you would use days in the year. A. 260 B. 360 C. 365 D. 366 4. A dollar-denominated deposit at a London bank is called . A. eurodollars B. LIBOR C. fed funds D. bankers' acceptance 5. Money market securities are sometimes referred to as cash equivalents because . A. they are safe and marketable B. they are not liquid C. they are high-risk D. they are low-denomination 6. The most marketable money market security is . A. Treasury bills B. bankers' acceptances C. certificates of deposit D. common stock 7. The minimum tick size, or spread between prices in the Treasury bond market, is A. 1/8 of a point. B. 1/16 of a point. C. 1/32 of a point. D. 1/128 of a p