What are the three characteristics common to money market securities?
What are the three characteristics common to money market securities? Three important characteristics are: -Liquidity- Since they are fixed-income securities with short-term maturities of a year or less, money market instruments are extremely liquid. -Safety- They also provide a relatively high degree of safety because their issuers have the highest credit ratings. What are the … Continue reading What are the three characteristics common to money market securities?
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