A Government Security Issued in Minimum Units of $100 with a 30-Year

question 32

Multiple Choice

A government security issued in minimum units of $100 with a 30-year maturity is called a:

• A)subordinated bond.
• B)Treasury bill.
• C)Treasury note.
• D)Treasury bond.
• E)savings bond.

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Definitions:

Investment

The allocation of resources (such as time, money, or effort) in the expectation of generating a future return or profit.

Interest

The expense associated with taking out a loan, usually conveyed as a yearly percentage of the total loan value.

Invested

Dispensing capital with the plan of creating income or profit.

Days

Time period measured in units of 24 hours.