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Which of the following is a characteristic of Treasury bills? A. They are discount securities B. They have more risk than other money market securities
Which of the following is a characteristic of Treasury bills? A. They are discount securities B. They have more risk than other money market securities C. They are coupon instruments D. They are the short term debt instruments issued by major corporations E. All of the other responses are characteristics of Treasury bills
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The Economics Of Money Banking And Finance
Authors: Howells, Keith Bain
3rd Edition
0273693395, 978-0273693390
