Question

    Marketable securities are primarily:

    A short-term debt instruments. Correct Answer Incorrect Answer
    B short-term equity securities. Correct Answer Incorrect Answer
    C long-term debt instruments. Correct Answer Incorrect Answer
    D long-term equity securities. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Marketable securities are financial instruments that can be easily bought and sold in the open market, and they are typically used as a short-term investment or as a source of liquidity for a company. These securities can include a range of debt instruments, such as commercial paper, Treasury bills, and certificates of deposit, which typically have maturities of less than one year.

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