321. In financial markets, period of maturity more than five years of financial instruments is classified as

intermediate term
capital term
short-term
long-term
✅ The correct answer is D.
In financial markets, period of maturity more than five years of financial instruments is classified as long-term. Generally, a time frame for investing in which an asset is held for at least seven to ten years. The measure of a “long term” time frame can vary depending on the asset held or the investment objective. In business accounting measures, long term can be a period of time that exceeds 12 months.

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