In: Finance
For the purposes for which they are used, money market securities should have which of the following characteristics?I. Low trading costsII. Little price riskIII. High rate of returnIV. Life greater than one year
a. |
I, II, and III |
|
b. |
II and IV |
|
c. |
I and III |
|
d. |
III and IV |
|
e. |
I and II |
Answer :
Option :e. I and II
Money market securities characteristics are :
Low risk costs
Little price risk