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Basic Question 1 of 10
Money market rates are typically ______.
B. annualized but not compounded
C. neither annualized nor compounded
A. annualized and compounded
B. annualized but not compounded
C. neither annualized nor compounded
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
calculate and interpret yield measures for money market instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 8.