Arrange the following money market instruments in the order of their typical maturity (shortest to longest):
1. Treasury Bills (T-Bills)
2. Repurchase Agreements (Repos)
3. Commercial Paper (CP)
4. Certificates of Deposit (CDs)
1
2-1-3-4
2
2-1-4-3
3
1-2-3-4
4
2-4-3-1