Securities that are purchased with the intent of selling them in the near future to take advantage of short-term price changes are classified as:

Question

Quizplus · Accepted Answer

Trading securities are bought and sold with the intention of making a short-term profit, based on short-term price changes. This classification is appropriate for securities held for tactical or short-term time periods, which can include stocks, bonds, and derivatives. Choices A, B, and C do not match with the criteria of purchasing securities to make a short-term profit.

Securities That Are Purchased with the Intent of Selling Them