Describe some of the debt instruments that may be included in a money market fund and the nature of these type instruments. (p. 5)

DISCUSSION:
1. Describe some of the debt instruments that may be included in a money market fund and the nature of these type instruments. (p. 5)

2. Explain how an investor might manage interest rate risk through the use of CDs. (p. 7, item #8)

3. Briefly discuss the nature of fees associated with the purchase of CDs as they relate to (a) banking institutions and (b) brokerage firms. (p. 9)