6. What is the typical maturity period for a certificate of deposit?
a) 30 days
b) 60 days
c) 90 days
d) 180 days
7. Which of the following instruments involves the sale of securities with a simultaneous agreement to repurchase them at a later date?
a) Treasury bills
b) Commercial paper
c) Certificates of deposit
d) Repurchase agreements
8. Repurchase agreements are commonly used in which market?
a) Stock market
b) Bond market
c) Money market
d) Foreign exchange market
9. Which of the following instruments offers investors a fixed interest rate for a specific period of time?
a) Treasury bills
b) Commercial paper
c) Certificates of deposit
d) Repurchase agreements
10. Which of the following instruments is considered to be the safest and most liquid in the money market?
a) Treasury bills
b) Commercial paper
c) Certificates of deposit
d) Repurchase agreements