Which of the following is not a characteristic of marketable securities?
A)short term
B)illiquid
C)high quality
D)interest bearing

Question

Quizplus · Accepted Answer

Marketable securities are typically short-term, high-quality, and interest-bearing investments that can easily be bought and sold on a public exchange. The term "marketable" refers to the investment's ability to be easily bought and sold, indicating liquidity. Therefore, illiquidity is not a characteristic of marketable securities.

Which of the Following Is Not a Characteristic of Marketable