What are the functions of money market instruments? What is the difference between interest paying and zero-coupon instruments? What are the main money market instruments? Explain them briefly.

Topic:
HW3 with Ethics, Sustainability, and Responsibility/ Chapter 5. Money Markets
Answer the following 5 question to measure comprehension from chapter 5 of the book “Arnold, G. Modern Financial Markets & Institutions (ARN) ” and also there is a presentation that has similar information as the book.

The question are:

Chapter 5. Money Markets

1. What are the functions of money market instruments?
2. What is the difference between interest paying and zero-coupon instruments?
3. What are the main money market instruments? Explain them briefly.
4. Why do (a) government, and (b) companies, use the money market?
5. What is LIBOR? How is it used for financial market?

The questions need to be really well answered and back up each questions needs to be paragraph of 4-6 sentences. No plagrarized information because it will go through Turn it in.

Please impress me with good quality responses.

I need to submit this HWK by tomorrow 2pm the latest.