Directions: Answer in complete sentences, and be sure to use correct English spe

Directions: Answer in
complete sentences, and be sure to use correct English spelling and
grammar. Sources must be cited in APA format. Your response should be four
(4) double-spaced pages in length; refer to the “Format
Requirements” page for specific format requirements.
1. What are the fundamental characteristics of money
market debt instruments? Explain why
these characteristics are important to money market participants who are
investing and financing. List at least two (2) examples of money market funds.
2. What is a banker’s acceptance? Why are banker’s acceptances ideally suited
for foreign trade transactions? Please include two (2) advantages of these
types of arrangements.
3. Discuss three ways in which a change in the rate of
an adjustable-rate mortgage can affect the borrower’s mortgage.