- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 28. The Term Structure and Interest Rate Dynamics
- Subject 4. Traditional Theories of the Term Structure of Interest Rates
CFA Practice Question
Which companies would MOST LIKELY invest short term?
B. Pension plans
C. Money market funds
A. Life insurance companies
B. Pension plans
C. Money market funds
Correct Answer: C
Their liabilities are mostly short-term.
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