Multiple Choice
Centrex Corporation purchased 500 shares of Pfizer stock.The managers of Centrex Corporation intend to sell the shares as soon as their target price is reached,which will probably be within the next three months.This investment is characterized as ________ securities.
A) available-for-sale
B) held-to-maturity
C) discretionary
D) trading
Correct Answer:
Verified
Correct Answer:
Verified
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