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You are the assistant treasurer for a company. Your company has $10 million in excess cash that it does not plan to use for the next three months. These funds, however, include some contingency funds that are kept for any unexpected needs. Your boss has asked you to recommend ways to invest this money.
In this week's project task, identify money market investments for the firm's excess cash. Determine what amount should be invested in each instrument. Prepare a memo to your boss making a recommendation and giving reasons for your choice.
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