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FINRA Series 7

Category - Series 7

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A typical money market instrument carries which of the following?

serial bond maturity date
long-term maturity date
medium-term maturity date
short-term maturity date

Explanation

Answer: D - short-term maturity. A money market maintains liquidity and is defined as having maturity of less than one year.

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FINRA Series 7

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FINRA Series 7

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