📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Which of the following statements accurately describes

    the features of Treasury Bills (TBills)?
    A T-bills pay periodic interest throughout their life. Correct Answer Incorrect Answer
    B T-bills are issued at face value and redeemed at a premium. Correct Answer Incorrect Answer
    C T-bills are Longterm debt instruments with maturities exceeding one year. Correct Answer Incorrect Answer
    D T-bills are considered highly liquid and virtually risk-free due to government backing. Correct Answer Incorrect Answer
    E T-bills are primarily used for Longterm investment by individual investors. Correct Answer Incorrect Answer

    Solution

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

    Practice Next
    More Financial Management Questions

    Relevant for Exams:

    ask-question