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QUESTION TWO Treasing bill Certificals of deposit A. Select any four short term securities on the Zambian financial market and explain their investment characteristics. [16

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QUESTION TWO Treasing bill Certificals of deposit A. Select any four short term securities on the Zambian financial market and explain their investment characteristics. [16 Marks] B. Briefly explain why Treasury bills are treated as risk-free securities? [4 Marks] [TOTAL: 20 MARKS] QUESTION TWO Treasing bill Certificals of deposit A. Select any four short term securities on the Zambian financial market and explain their investment characteristics. [16 Marks] B. Briefly explain why Treasury bills are treated as risk-free securities? [4 Marks] [TOTAL: 20 MARKS]

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