Type of financial securities that mature in less than a year are classified as___________?

Correct answer: C. Money market securities

  • A. Saving intermediaries
  • B. Discounted intermediaries
  • C. Money market securities
  • D. Capital market securities

Explanation

Money market securities are short-term instruments that mature in one year or less, such as Treasury bills and commercial paper. Capital market securities generally have longer maturities.

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