For the purposes for which they are used money market securi

For the purposes for which they are used, money market securities should have which of the following characteristics?I. Low trading costsII. Little price riskIII. High rate of returnIV. Life greater than one year

I, II, and III

II and IV

I and III

III and IV

I and II

Solution

Answer :

Option :e. I and II

Money market securities characteristics are :

Low risk costs

Little price risk