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What type of documents are short term nature (1 year or less)?

1 Answer

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Final answer:

Short-term nature documents are financial assets with a maturity period of 1 year or less, such as government savings bonds, money market mutual funds, and treasury bills.

Step-by-step explanation:

Short-term nature documents refer to financial assets with a maturity period of 1 year or less.

Examples of such documents include government savings bonds, money market mutual funds, and treasury bills.

These assets are considered low-risk and provide investors with the opportunity to earn short-term returns on their investment.

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