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money market interest rate

Exactly How Low Are Interest Rates Today?

Wasting a Perfectly Good Postage Stamp How low are interest rates today? So low that it literally doesn’t pay to spend 44¢ on a first class stamp to mail a deposit to my broker’s local branch, vs. using their (free) self-addressed envelope and sending it out-of-town. Time Value of Money?  Infinitesimal Once upon a time...
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