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The Money Market Security That Sells with the Lowest Denomination

Question 77

Multiple Choice

The money market security that sells with the lowest denomination is a:


A) negotiable CD and the amount is $100,000.
B) municipal bond and the amount is $1,000.
C) repurchase agreement and the amount is $5,000.
D) T-bill and the amount is $10,000.

Correct Answer:

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