Which of the following statements about Treasury bills is false? a. T-bills sell at a discount from
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Which of the following statements about Treasury bills is false?
a. T-bills sell at a discount from face value and pay the face value at maturity.
b. T-bills have maturities of 2, 3, 5, 7, or 10 years.
c. T-bill auctions take place weekly.
d. T-bill denominations are relatively small compared to other money market instruments, with initial auction sizes of as little as $10,000 per T-bill.
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B T b ills have m atur ities of 2 3 5 7 or 10 years T b ills have m atur ities ranging ...View the full answer
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