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Which of the following is NOT a common characteristic of money market securities ? Which of the following is NOT a common characteristic of money

Which of the following is NOT a common characteristic of money market securities

?

Which of the following is NOT a common characteristic of money market securities

?

They are mostly highly liquid assets.

They mature in less than one year.

All of the above are characteristics.

They are sold on a discount basis.

The most important risk is default risk.

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