Money market instruments and fixed income securities are in what basic types of securities
Intersest-bearing
this securtiy is a debt obligation that pay interest
Interset-Bearing
Assets that represent owenershi of a company
Equities
what are subtypes of an equity
Common and preferred stocks
Assets whose value depends on the value of another asset
Derivatives
Do T-Bills have low or high liquidity
high
why are T-bills free of default risk
they are obligations of the federal government
short-term investments issued by the US Department of the Treasury
US treaury bills or T-bills