Monday 11 June 2012

Which of the following generally have maturities of one year or less?Which of the following generally have maturities of one year or less?

Which of the following generally have maturities of one year or less?
a.Treasury bills
b.Money market mutual fund
c.Commercial paper
d.Both a and c
e.All of the above
Treasury bills are instruments issued by the government and last for 3 – 6 months. A Commercial paper is an instrument issued by reputable companies that usually lasts less than a year.
 

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