A highly liquid financial instrument with a maturity of 90 days would be traded in:
A) the money market.
B) the bond market.
C) the stock market.
D) none of the above.

Question

Quizplus · Accepted Answer

A highly liquid financial instrument with a maturity of 90 days is typically considered a short-term debt instrument, which is traded in the money market. The money market is a market where short-term financial instruments such as Treasury bills, commercial paper, and certificates of deposit (CDs) are traded. Therefore, option A is the correct choice.

A Highly Liquid Financial Instrument with a Maturity of 90