Q947
In financial markets, period of maturity less than one year of financial instruments is classified as
A.
short-term
AnswerB.
long-term
C.
intermediate term
D.
capital term
Answer: Option A
Solution
Answer: Option A
Solution:
In financial markets, period of maturity less than one year of financial instruments is classified as short-term. Money market has become a component of the financial market for buying and selling of securities of short-term maturities, of one year or less, such as treasury bills and commercial papers.