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Username: Andrew

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 11 Dec 2018
Category 28
Tag Financial
Question What are Marketable Securities?
Advice from Guru
Hello Andrew,

Marketable securities are liquid financial instruments that can be quickly converted into cash at a reasonable price. The liquidity of marketable securities comes from the fact that the maturities tend to be less than one year, and that the rates at which they can be bought or sold have little effect on prices.

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