____ markets deal in short-term securities having maturities of one year or less.

Name: ____ markets deal in short-term securities having maturities of one year or less.
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Question

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Money markets deal in short-term securities such as Treasury bills, certificates of deposit, and commercial paper with maturities of one year or less. Credit markets deal with longer-term debt securities, and capital markets deal with long-term securities like stocks and bonds. Therefore, option B is the correct choice.

____ Markets Deal in Short-Term Securities Having Maturities of One