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Natali5045456 [20]
3 years ago
10

A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and A. bears

an interest rate that is at least equal to the prime rate of interest at the date of liquidation. B. is so near its maturity that it presents insignificant risk of changes in interest rates. C. is acceptable as a means to pay current liabilities. D. has a current market value that is greater than its original cost.

Business
1 answer:
Katarina [22]3 years ago
7 0

Answer:

B. is so near its maturity that it presents insignificant risk of changes in interest rates

Explanation:

please see attachment

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CHECK THE EXPLANATION.

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See attached file

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