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12.___________ is a false statement about Treasury bills. A) They are issued to finance the national debt. B) The government does not pay interest on

12.___________ is a false statement about Treasury bills.

A) They are issued to finance the national debt.

B) The government does not pay interest on T-bills

C) T-bills are issued at a discount from par

D) Returns from T-bills compensate for changes in inflation or purchasing power.

13.Financial intermediaries/banks help investors to buy foreign stocks by selling ___________.

A) Mortgage bonds.

B) Corporate bonds.

C) Commercial Paper.

D) American depository receipts.

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