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Which one of the following statements is false? The quoted rates of fed funds are single payment yields. T-bills have little
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Answer #1

Ans: Option D, Money market instruments include debt and equity instruments with maturities of one year or less.

Explanation : Money market insturments include only debt funds with less risk and maturity of one year or less. It does not include an equity instruments.

Option A is true

Option B is true, Tbill are issued by government so less risky, less chance of default and less interest rate risk

Optiion C is true, T bills are issued at discount and face value paid at maturity

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