Hussain5625 Hussain5625

31-01-2020
Business

contestada

Money market instruments:

A. are generally sold in small denominations.
B. tend to be illiquid.
C. are quoted in terms of a spread.
D. cannot be resold.
E. may be sold on a discount basis.

Respuesta :

Dadayemi75 Dadayemi75

31-01-2020

Answer:E

Explanation:

Money market instrument are short term loan issued by banks. Definitely the answer is may be sold on discount basis.

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