Bankers acceptances are considered prime quality instruments and have maturities of:
A) 30 days
B) 90 days
C) 270 days
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

Bankers acceptances are short-term financial instruments that are considered prime quality due to their low default risk. They typically have maturities of 30, 90, or 270 days, making all the options (A, B, C) correct.

Bankers Acceptances Are Considered Prime Quality Instruments and Have Maturities