Series 7 Exam Question 394: Answer and Explanation
Question: 394
Which of the following are money market securities?
- A. Commercial paper
- B. Treasury bonds
- C. American depositary receipts (ADRs)
- D. Warrants
Correct Answer: A
Explanation:
A. Money market securities are a popular topic on the Series 7 exam. Remember that commercial paper, as well as negotiable certificates of deposit, are money market securities.
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