Financial Institutions assignment 4 Please see attached

Assignment 04

F02 Financial Institutions and Markets

Directions: Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, 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.

1. 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.

1. Discuss three ways in which a change in the rate of an adjustable-rate mortgage can affect the borrower's mortgage.