financial security

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Type of financial securities that matures in less than a year are classified as

Type of financial securities that matures in less than a year are classified as
  • A. money market securities
  • B. capital market securities
  • C. saving intermediaries
  • D. discounted intermediaries
  • Correct Answer: Option A

Type of financial security in which loans are secured by borrower’s property is classified as

Type of financial security in which loans are secured by borrower’s property is classified as
  • A. municipal bonds
  • B. corporate bonds
  • C. U.S treasury bonds
  • D. mortgages
  • Correct Answer: Option D