Which One of the Following Statements Applies to U

question 102

Multiple Choice

Which one of the following statements applies to U.S. Treasury bonds?

• A)They have original maturities of 1 to 10 years.
• B)They have a minimum face value of $100,000.
• C)They are zero-coupon securities.
• D)They pay a fixed coupon payment semiannually.
• E)They are adjusted semiannually for inflation.

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Definitions:

Exchange

The act of giving up one thing (money,credit, labor, goods) in return for something else (goods, services, or ideas).

Processed Material

Material that has undergone a manufacturing process to change its properties or form for specific uses.