Which of the following is not a characteristic of money market instruments?
A) short-term to maturity
B) small denomination
C) low default risk
D) high marketability

Name: Which of the following is not a characteristic of money market instruments? A) short-term to maturity B) small denomination C) low default risk D) high marketability
Brand: Quizplus
Rating: 5.0 (37 reviews)

Question

Quizplus · Accepted Answer

Money market instruments typically have large denominations, not small, as they are used for large-scale, short-term borrowing and lending.

Which of the Following Is Not a Characteristic of Money