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CTP · Question #205
CTP Question #205: Real Exam Question with Answer & Explanation
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Question
- (Topic 3) A portfolio manager wishes to make a short-term investment. His investment policy requires that short-term investments be low risk and secured, have a fixed interest rate and be highly liquid/redeemable prior to maturity. Which of the following should the manager choose?
Options
- AAsset-backed commercial paper
- BBank obligations
- CCommercial paper
- DGovernment treasury bills
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