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MC Question 12
Formulae & Tables
FM (F9) Formulae Sheet
You will get this Formula Table at the exam so learn well how to apply it in your FM (F9) Exam
Which of the following statements are correct?
(1) A certificate of deposit is an example of a money market instrument
(2) Money market deposits are short-term loans between organisations such as banks
(3) Treasury bills are bought and sold on a discount basis
A. 1 and 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3