1. Money Market Securities (LO1, CFA1) Which of the following is not a common characteristic of money...
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1. Money Market Securities (LO1, CFA1) Which of the following is not a common characteristic of money market securities?
a. They are sold on a discount basis.
b. They mature in less than one year.
c. The most important risk is default risk.
d. All of the above are characteristics.
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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