SIE Exam Practice Question 1042
Question: 1042
Which of the following typically invest in high-quality, short-term investments, such as Treasury bills, commercial paper, and negotiable CDs? The underlying investments have an average maturity of 30 to 90 days.
Correct Answer: C
Explanation:
Money market funds typically invest in high-quality, short-term investments, such as Treasury bills, commercial paper, and negotiable CDs. The underlying investments have an average maturity of 30 to 90 days.
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