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Which of the following are characteristics of Treasury bills? Check all that apply. Activity in their secondary market is high. They have a high degree

Which of the following are characteristics of Treasury bills? Check all that apply.

Activity in their secondary market is high.

They have a high degree of credit (default) risk.

Firms are the only financial market participant that invests in this type of security.

Their typical maturities are 4 weeks, 13 weeks, 26 weeks, and 1 year.

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