A bond has a maturity date of one year and a low risk of default. Which of the following statements correctly describes this bond?(1 point)
Responses
It is a short-term investment.
It is a short-term investment.
It is bought on the money market.
It is bought on the money market.
It is traded as a junk bond.
It is traded as a junk bond.
It is sold on the capital market.
It is sold on the capital market.
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