How do you earn a return on a t bill

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Reference no: EM131306278

1. MMDAs. How does a money market deposit account (MMDA) differ from a NOW account? When might a depositor use an MMDA?

2. Treasury Securities. What are Treasury securities? What is a T-bill? How is it denominated? How do you earn a return on a T-bill? How is the return calculated?

Reference no: EM131306278

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