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1. Money market instruments: Treasury bills Which of the following are typical Treasury bill maturities? Check all that apply. 13 weeks 20 weeks 40 weeks

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1. Money market instruments: Treasury bills Which of the following are typical Treasury bill maturities? Check all that apply. 13 weeks 20 weeks 40 weeks 52 weeks Which of the following are characteristics of Treasury bills? Check all that apply. Their typical maturities are greater than 1 year. They have a high degree of credit (default) risk. Firms are the only financial market participant that invests in this type of security. Activity in their secondary market is high. Suppose Susan requires a 6 percent annualized return on a one-year Treasury bill with a $1,000 par value. The price that Susan is willing to pay is: $839.63 $858.49 $924.53 $943.40

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