SamuraiCourage
Mon Sep 23 2024
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6 answers
1066
What is the 7-day yield on a money market fund?
Could you please elaborate on what exactly is the 7-day yield on a money market fund? I'm curious to understand how it is calculated and what factors influence its value. Specifically, how does it differ from other types of yields, and what does it signify for investors considering this type of investment? I'm looking for a concise yet informative answer that sheds light on this concept.
