Aa Aa E 8. The characteristics of marketable securities Following your successful implementation of a new lockbox system for Spice's Sugar Producers Inc. (SSPI), consider now how to invest the funds released by the transition to a faster collection system. In general, firms tend to want to invest these funds in marketable securities due to their relative high liquidity and lower risk levels Consider the following statement and determine which risk it describes. This risk results from the phenomenon in which changes in interest rates have a greater effect on long-term securities than on short-term securities. O Marketability risk O Maturity risk O Default risk Next, read the following statement and determine whether it is true or false. True or False: A highly marketable or liquid security should be expected to exhibit a relatively high rate of return. O False O True