money market deals in borrowing and lending of short term loans for less then?
A. 180 days
B. 220 days
C. 250 days
D. 365 days
Answers
Answer:
The money market deals in short-term loans, generally for a period of a year or less. As money became a commodity, the money market became a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less.
i don't no this is correct answer. so check and write
Answer:
The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year such as negotiable certificates of deposit, U.S. Treasury bills and municipal notes. Money market yield is calculated by taking the holding period yield and multiplying it by a 360-day bank year divided by days to maturity.
Hence the answer is C
Explanation: