Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
5 - Which of the following represents the interest rate of highly liquid instruments?
A) None
B) high
C) immutable
D) Low
E) Negative
Expert Solution
Step 1
There are various different types of financial instruments some are matured after the long term while some are matured within the short time period.
The financial instruments that are matured for less than one year are referred to as more liquid instruments.
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