The low default-risk security issued by financially secure firms is classified as Options: A . &nbspU.S treasury bills B . &nbspcommercial paper C . &nbspcertificate of deposit D . &nbspmutual funds

The low default-risk security issued by financially secure firms is classified a

Question

The low default-risk security issued by financially secure firms is classified as

Options:

A . U.S treasury bills

B . commercial paper

C . certificate of deposit

D . mutual funds

Answer: Option B
Answer: (b).commercial paper

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