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0. Red-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:
money market securities.
Red-star’s bonds are capital market securities and Volta’s bonds are money market securities.
capital market securities.
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