Which of the following is NOT likely to be a proper investment for temporarily idle cash?
A)Treasury bills
B)commercial paper
C)recently issued long-term AAA corporate bonds
D)government bonds due within 1 year

Question

Quizplus · Accepted Answer

Recently issued long-term AAA corporate bonds are not a proper investment for temporarily idle cash because they are long-term investments and may not be easily convertible to cash if needed. The other options, Treasury bills, commercial paper, and government bonds due within 1 year are all short-term, low-risk investments that are suitable for temporarily idle cash.

Which of the Following Is NOT Likely to Be a Proper