Question 1 1 pts Which of the following statements best characterize the money markets? It...

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Question 1 1 pts Which of the following statements best characterize the money markets? It is primarily a market for maturities within 90 days The Fed, through the fed funds market, drives the yields in the money markets O Money market mutual funds are the largest holders of money market instruments O Money market securities are distributed via auction, reverse inquiry, negotiation with brokers, and resale from dealers All of the above Question 2 1 pts The risk of bidding too low a rate in a Treasury auction is You will receive your full allocation The clearing or stop-out rate could be below the market rate for that security resulting in a loss on the sale of the security You will not receive you full allocation The bid-to-cover ratio may be too low

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