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Which of the Following Is Not a Usual Characteristic of Money

Question 1

Multiple Choice

Which of the following is not a usual characteristic of money market securities?


A) They are issued by large credit worthy corporations in large denominations.
B) They are very liquid instrument that trade without a significant liquidity premium.
C) They are of an intermediate to long term maturity.
D) They include T-bills, commercial paper, and bankers' acceptances.

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