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

Brock

Mathematics

19 October, 03:06

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.

+3

Answers (1)

Know the Answer?

Meghan Maddox · 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.