On what basis are money market securities distinguished from fixed-income securities?
A) Issuer.
B) Maturity.
C) Interest rate.
D) Tax status.
E) Rate of return.

Question

Quizplus · Accepted Answer

Money market securities and fixed-income securities can have the same issuer, interest rate, tax status, and rate of return. The primary distinguishing factor is their maturity. Money market securities have a maturity of one year or less, while fixed-income securities have longer maturities.

On What Basis Are Money Market Securities Distinguished from Fixed-Income