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Consider the following statements: Treasury-bills in the United States are financial instruments initially sold by the United States government and agencies of the federal government
Consider the following statements:
- Treasury-bills in the United States are financial instruments initially sold by the United States government and agencies of the federal government in the United States to raise funds.
- For a limited liability company, the liability is restricted to the shareholders of the company and not the bond holders.
- A common measure of a share's market liquidity is the ratio of turnover to market capitalisation.
- Money market instruments are short-term instruments with marketability and pay no liquidity premiums
How many of these statements are true and how many are false?
Select one:
a.1statementis true and3 are false
b.2statements are true and2are false
c.3 statements are true and 1 is false
d.All 4 statements are true
e.All 4 statements are false
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