Your small company has $25,000 in surplus cash right now. You don’t want to commit these funds to any long-term investments because you know of some expenses coming up in about 8 months that will require the use of this cash. But you would like to find some safe, liquid interest-earning investments where you could park your cash until it is needed. You’ve decided that T-bills and money market mutual funds are your best options, but you want to find out more about both. Use the Internet to do some research about these cash equivalents, and then answer the questions below. • How do you purchase T-bills? If you want to invest in T-bills, what is the minimum amount you can invest? Can you sell these bills before they mature? How do you receive the interest on T-bills? What is the interest rate earned on the most recent T-bills? • • How do you purchase money market mutual funds? How do these funds differ from money market accounts? What are the different types of money funds? Are there any drawbacks to investing in these funds? • Investigate two specific money market mutual funds. What interest rate does each currently offer is the minimum required investment for each? • Based on your research, how much of the $25,000 would you invest in T-bills and how much in money market mutual funds? Why?