Asked by ALEXANDER STEPHAN MACHHOLZ on Jul 08, 2024
Verified
Money market securities are debt securities which have a maturity of _____________.
A) Ninety days or less.
B) Six months or less.
C) One year or less.
D) Two years or less.
E) Three years or less.
Money Market Securities
Short-term financial instruments typically with high liquidity and short maturities, used by participants as a means for borrowing and lending in the short term.
Maturity
The scheduled day when the full amount of a financial device like a bond or loan must be completely paid off.
- Pinpoint the prime cash quantity for organizations by leveraging models like the BAT and Miller-Orr.
Verified Answer
NS
Natalia ShalashJul 11, 2024
Final Answer :
C
Explanation :
Money market securities are short-term debt instruments that typically have a maturity of one year or less, making them highly liquid and considered a safe investment.
Learning Objectives
- Pinpoint the prime cash quantity for organizations by leveraging models like the BAT and Miller-Orr.
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