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Fixed Income Q2

2Red-star Inc. issued bonds 2.5 years ago with an original maturity of 3 years. Voltas Inc. issued bonds 3 months ago with an original maturity of 9 months. Currently, both these bonds have a remaining tenure of 6 months. The bonds would most likely be classified as:
  • Option : B
  • Explanation : A bond with an original maturity of more than one year it is called capital market security. A bond with an original maturity of one year or less is called money market security.
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