Classify each of the following , sequentially, as either a money market security or a capital market security:
1) 20-year Rockingham County School Bonds
2) 90-day Treasury Bill
3) 9-month certificate of deposit
4) Wal-Mart stock
A) 1. Money market security, 2. Money market security, 3. Money market security, 4. Money market security
B) 1. Capital market security, 2. Capital market security, 3. Capital market security, 4. Capital market security
C) 1. Capital market security, 2. Money market security, 3. Capital market security, 4. Capital market security
D) 1. Capital market security, 2. Money market security, 3. Money market security, 4. Capital market security
Correct Answer:
Verified
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