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25. When positive returns are available to investors, which of the following statements about treasury bills is correct? a. The face value is lower than
25. When positive returns are available to investors, which of the following statements
about treasury bills is correct?
a. The face value is lower than the nominal value.
b. The issue price is lower than the maturity price.
c. The maturity price is lower than the issue price.
d. The nominal value is lower than the face value.
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