Question: Suppose that when TMCC offered the security in 2 0 0 8 , the U . S . Treasury had offered an essentially identical security.
Suppose that when TMCC offered the security in the US Treasury had offered an essentially identical security. That is the US Treasury promised to repay $ per unit in years from the offering date no interim paymentNote that the US Treasury securities Tbill and treasury bonds are considered riskless, guaranteed by the government, whereas TMCC securities are not.
Which of the following statements is correct? Choose only one.
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