nerdexam
American_Bankers_Association

CTFA · Question #394

Which of the following is least likely to be considered a short-term marketable security?

The correct answer is A. An original issue 30-year corporate bond with one-year remaining until final maturity. See the full explanation below for the reasoning.

Investment Management

Question

Which of the following is least likely to be considered a short-term marketable security?

Options

  • AAn original issue 30-year corporate bond with one-year remaining until final maturity
  • BAn original issue 30-year government bond with one-year remaining until final maturity
  • CA 90-day Treasury bill
  • DShort-term corporate debt instruments with a 9-month original maturity

How the community answered

(66 responses)
  • A
    77% (51)
  • B
    3% (2)
  • C
    14% (9)
  • D
    6% (4)

Topics

#short-term marketable securities#bond maturity#Treasury bills#corporate debt

Community Discussion

No community discussion yet for this question.

Full CTFA Practice