Issued by corporations, these unsecured debt instruments are used to fund corporate short-term financing requirements. If issued by a financially strong company, they have less risk. These financial instruments are investment pools that buy such short-term debt instruments as Treasury bills (T-bills), certificates of deposit (CDs), and commercial paper. They can be easily liquidated. Issued by corporations, these financial instruments fund their long-term financing requirements. Which of the following are money market instruments? Check all that apply.
1) Treasury bills
2) Long-term bank loans
3) Preferred stocks
4) Commercial paper
5) Certificates of deposit