Asked by Aidan Durham on Jul 11, 2024
Verified
Liquidity is a characteristic of money market securities.
Liquidity
The simplicity of turning an asset into cash without impacting its market value.
Money Market
A segment of the financial market where short-term financial instruments with high liquidity and short maturities are traded.
- Familiarize oneself with the properties of money market investments.
Verified Answer
SC
Skylar CrossJul 14, 2024
Final Answer :
True
Explanation :
Money market securities are highly liquid, meaning they can be quickly converted into cash with minimal loss of value.
Learning Objectives
- Familiarize oneself with the properties of money market investments.
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