Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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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
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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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