SIE Exam Question 459: Answer and Explanation

Question: 459

Which of the following could trade in the money market?

• A. A Treasury note issued nine years ago.
• B. Short-term equity.
• C. Newly issued options contracts.
• D. Newly issued corporate bonds.

Correct Answer: A

Explanation:

A: A high-quality debt instrument with less than one year to maturity, regardless of its original maturity, may trade in the money market.