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Question 9 For the purposes for which they are used, money market securities should have which of the following characteristics? 1. Low trading costs II.

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Question 9 For the purposes for which they are used, money market securities should have which of the following characteristics? 1. Low trading costs II. Little price risk III. High rate of return IV. Life greater than one year O land III O ll and IV O III and IV Tand 11

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