The table below lists the types of investments reported by the City of Katerah in its General Fund All of the investmerts of will be needed to liquidate labilities within the next 6 to 12 months. REQUIRED What types of investment risks should the Caty Type of Investment $45 million Boeing short-term notes $10 million 20-year Treasury bills Comments The City's agent holds the securities The federal government lists the City as owner of the bills The City's agent holds the securities. The broker-dealer holds the underlying securities. The City is not authorized to invest in these $2 million in short-term junk bonds $1 million in overnight repurchase agreements $2 million in collateralized mortgage obligations (CMOs) Total Portfolio Value $60 million securities