Which of the following are typical banker$$s acceptance maturity lengths? Check all that apply.

$10$ months

$10$ years

$120$ days

$255$ days

Which of the following are properties of banker$$s acceptances? Check all that apply.

Activity in the secondary market for banker$$s acceptances is low.

Banker$$s acceptances are commonly used for international trade transactions.

The return on banker$$s acceptances is typically lower than the return on a T$-$bill.

Maturities on banker$$s acceptances typically range from $30$ to $270$ days.