All of these are considered characteristics of Treasury Bills or T-Bills, except:

a. T-Bills are "discounted" securities.

b. T-Bills are sold in minimum units of $100, with additional increments of $100.

c. T-Bills are sold in maximum units of $500.

d. All of these are considered characteristics of T-Bills.

Question

Mathematics

Zaire Bautista

27 July, 13:36

All of these are considered characteristics of Treasury Bills or T-Bills, except:

a. T-Bills are "discounted" securities.

b. T-Bills are sold in minimum units of $100, with additional increments of $100.

c. T-Bills are sold in maximum units of $500.

d. All of these are considered characteristics of T-Bills.

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Answers (1)

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Levi · Answer 1

c. T-Bills are sold in maximum units of $500.

Step-by-step explanation:

T-Bills are sold in maximum units of $500 is not or will not be considered as a characteristic of Treasury Bill.