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For the purposes for which they are used, money market securities should have which of the following characteristics? I. Low trading costs II. Little price

For the purposes for which they are used, money market securities should have which of the following characteristics?

I. Low trading costs

II. Little price risk

III. High rate of return

IV. Life greater than one year

	a.	I, II, and III
	b.	II and IV
	c.	I and III
	d.	III and IV
	e.	I and II

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