Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Which of the following money-market securities has no active secondary market? A

Which of the following money-market securities has no active secondary market? A

Marketing

Which of the following money-market securities has no active secondary market?

A. Certificates of deposit (CD's),

B. Commercial paper,

C. Banker's acceptances,

D. Treasury bills,

E. All money-market securities have active secondary markets.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

The answer is B. Commercial Paper

  • T-bills are issued by the government, which will have the least risk of default.
  • Banker's acceptances and CDs are issued by commercial banks, which will represent less risk compared to the commercial papers issued by corporations.
  • The securities that have less risk would be actively traded on the secondary market.