- 1 Marks
Question
Which of the following does NOT represent short-dated financial instruments?
A. Treasury bills
B. Bills of exchange
C. Commercial paper
D. Certificates of deposit
E. Equity finance
Answer
Answer:
E. Equity finance
Explanation:
Short-dated financial instruments typically refer to instruments with short-term maturity, such as treasury bills, bills of exchange, commercial papers, and certificates of deposit. Equity finance, however, represents ownership in a company and does not have a fixed maturity date, making it distinct from the other options.
- Tags: Business Finance, Financial instruments, Short-Dated Finance
- Level: Level 1
- Topic: Basics of Business Finance and Financial Markets
- Series: MAY 2024
- Uploader: Dotse