Business & Finance Homework Help

1.What are the fundamental characteristics of money market debt instruments?Explain

1.     What are the fundamental characteristics of money market debt instruments? Explain

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why these characteristics are important to money market participants who are investing and financing. List at least two (2) examples of money market funds.

2.     What is a banker’s acceptance? Why are banker’s acceptances ideally suited for foreign trade transactions? Please include two (2) advantages of these types of arrangements.

3.     Discuss three ways in which a change in the rate of an adjustable-rate mortgage can affect the borrower’s mortgage.