Question

Which of the following features apply to T-bills?
I. original maturities of 4, 13, or 26 weeks
II. minimum face value of $10,000
III. sold at a discount
IV. semiannual interest payments
A. IV only
B. I and III only
C. I and IV only
D. II and III only
E. II and IV only

Answer

This answer is hidden. It contains 16 characters.