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Which of the following statements is NOT true about Treasury bills? Treasury Bills are long - term government securities issued at a discount. The government

Which of the following statements is NOT true about Treasury bills?

Treasury Bills are long $-$ term government securities issued at a discount.

The government raises money by selling Treasury bills to the public.

Investors buy the bills at a discount from the stated maturity.

Treasury bills are the most marketable of all money market instruments.

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