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Which of the following is not a characteristic of a money market instrument? Select one: 1
Which of the following is not a characteristic of a money market instrument?
Select one:
1. Liquidity
2. Marketability
3. Long maturity
4. Liquidity premium
5. Long maturity and liquidity premium
Expert Solution
Long maturity and liquidity premium is not a characteristic of a money market instrument.
Correct option is 5). Long maturity and liquidity premium
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