___________ 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 are short-term investments in money markets that are safe and highly liquid, and can be quickly converted into cash at values very similar to their intrinsic values. Examples of marketable securities include US Treasury bills, commercial paper, and certificates of deposit. Neither preferred stocks nor corporate bonds are regarded as money market investments. While Treasury bonds are relatively safe and stable, they are not short-term investments, as their duration is typically longer than one year.

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