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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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