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Which of the following statement is NOT correct? None of the above Municipal bonds is not a financial asset Long maturity (greater than 1 year)

Which of the following statement is NOT correct?

None of the above

Municipal bonds is not a financial asset

Long maturity (greater than 1 year) is not a characteristic of a money market instrument

If the Efficient Markets Hypothesis is NOT true, investors should time the market

The default risk of T-bill is Low

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