Question

In: Finance

a money market instrument has an original maturity of atleast one year. true or false?

a money market instrument has an original maturity of atleast one year. true or false?

Solutions

Expert Solution

Money market instruments are those investment./financial instruments having maturity period of anywhere between 7 days to 1 year. ie the maximum period of maturity is 1 year (utmost).

Answer is False


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