Q987
In financial markets, period of maturity within one to five years of financial instruments is classified as
A.
short-term
B.
long-term
C.
intermediate term
AnswerD.
capital term
Answer: Option C
Solution
Answer: Option C
Solution:
In financial markets, period of maturity within one to five years of financial instruments is classified as intermediate term. A term is an intermediate (or innominate) term if the remedy for its breach depends on the effect of the breach at the time it happens.