Investors Purchase Treasury Notes

question 37

Multiple Choice

Investors purchase Treasury Notes:

• A)in multiples of $10,000.
• B)at par value.
• C)on a discount basis.
• D)both A and C.

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Definitions:

Quick Conversion

A process or strategy designed to rapidly convert assets or inventory into cash.

Yields

The yield from an investment, like dividends or interest earned, shown as a percentage of the investment's original cost or its current market value.

Liquidity

The simplicity of transforming an asset or security into cash without impacting its market value.