Which One of the Following Statements Concerning Treasury Bonds Is

question 18

Multiple Choice

Which one of the following statements concerning Treasury bonds is correct?

• A) The par values of all Treasury bonds are adjusted periodically in response to changes in the rate of inflation.
• B) Treasury bonds have maturity dates ranging from two to ten years.
• C) Interest earned on Treasury bonds is tax-exempt at the federal level.
• D) All Treasury securities are backed by the "full faith and credit" of the U.S. government.