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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
No Child Left Behind, charter schools
Maturity Risk
The danger that an investment’s value will change due to a change in the absolute level of interest rates, typically affecting fixed-income securities as they approach maturity.
Marketable Securities Portfolio
A collection of liquid securities that a company holds, which can easily be converted into cash.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations.
Treasury Bills
Short-term government securities issued at a discount from their face value, maturing in a year or less.
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