Which of the following is NOT true of money market instruments? A) Th

QUESTION

Which of the following is NOT true of money market instruments?

A) They are easily converted into cash.
B) They are long-term investments.
C) They are considered a very low-risk investment.
D) They offer investors very low returns.
E) They are conservative investments.

ANSWER

Answer: B
Explanation: B) Money market instruments are debt securities that mature within one year.