Multiple choice

Gilt-Edged Securities are securities

  1. which have a high goodwill

  2. that are bought and sold openly in the market

  3. that have short-term liability of the government

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Gilt-Edged Securities are issued by government or firm. It has a consistent record of good earnings and high dividends (on shares) or regular interest (on bonds) and so goodwill is naturally high.

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