These are short-term money market investments that are extremely safe and liquid; they can be quickly converted into cash at values very close to their intrinsic values.

Question

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Marketable securities, such as commercial paper or certificates of deposit, are specifically designed for short-term money market investments. They are considered safe and liquid because they usually have high credit ratings and can be easily traded. Preferred stocks, treasury bonds, and corporate bonds are not necessarily as liquid or safe for short-term investments.

These Are Short-Term Money Market Investments That Are Extremely Safe