A Government Security Issued in Minimum Units of $100 with Maturities

question 24

Multiple Choice

A government security issued in minimum units of $100 with maturities that are one year or less is called a:

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

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Definitions:

Igneous Rock

Rock formed through the cooling and solidification of magma or lava.

Coarsely Crystalline

Describes a rock texture with large, easily visible crystals, typically formed by slow cooling of molten rock.

Igneous Rock

A kind of stone that develops through the process of magma or lava cooling and hardening.

Finely Crystalline

Describes a texture of rocks or minerals with very small crystals that are often too small to be seen unaided, indicating rapid cooling or chemical precipitation.