Question: There is no hard - and - fast rule, but in a description of debt markets, short - term generally means less than 1 year,
There is no hardandfast rule, but in a description of debt markets, shortterm generally means less than year, intermediateterm means to years, and longterm means more than years.
True
Fille
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
