Question

Which of the following statements accurately describes

the features of Treasury Bills (TBills)?

A T-bills pay periodic interest throughout their life.

B T-bills are issued at face value and redeemed at a premium.

C T-bills are Longterm debt instruments with maturities exceeding one year.

D T-bills are considered highly liquid and virtually risk-free due to government backing.

E T-bills are primarily used for Longterm investment by individual investors.

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