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Examveda

In financial markets, period of maturity within one to five years of financial instruments is classified as

A. short-term

B. long-term

C. intermediate term

D. capital term

Answer: Option C

Solution(By Examveda Team)

In financial markets, period of maturity within one to five years of financial instruments is classified as intermediate term. A term is an intermediate (or innominate) term if the remedy for its breach depends on the effect of the breach at the time it happens.

This Question Belongs to Commerce >> Financial Management

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