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18 August, 00:38

Which of the following is an example of a money market instrument?

A. a share of stock in IBM

B. U. S. government treasury bill with six months to maturity

C. a John Deere bond with 20 years to maturity

D. a mortgage

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  1. 18 August, 04:19
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    Answer: The following is an example of a money market instrument: U. S. government treasury bill with six months to maturity

    These instruments are known as securities that provide enterprise, banks, and authorities with sizable amounts of low-cost capital. The time period is nightlong, a day, weeks, or even months.

    Therefore, the correct option is (b).
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