Responses
It is a short-term investment.
It is a short-term investment.
It is traded as a junk bond.
It is traded as a junk bond.
It is bought on the money market.
It is bought on the money market.
It is sold on the capital market.
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The correct statement that describes the bond with a maturity date of one year and a low risk of default is:
It is bought on the money market.
Bonds with a maturity of one year or less are typically considered short-term investments and are generally traded in the money market.
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