EBK INVESTMENTS
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 2, Problem 2PS
Summary Introduction

To determine:

To determine why money market securities also called as cash Equivalent

Introduction:

Money market securities means for borrowing and lending for a short period of time. The money market securities offers high liquidity and they are very stable form of securities which can be converted into cash easily.

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