Which of the following is not a common characteristic of money market securities? a. They are sold

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Which of the following is not a common characteristic of money market securities?

a. They are sold on a discount basis.

b. They mature in less than one year.

c. The most important risk is default risk.

d. All of the above are characteristics.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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