A Treasury Bill (T-Bill)is a ______ Issued by ______

question 24

Multiple Choice

A treasury bill (T-bill) is a ______ issued by ______.

• A)short-term promissory note, high quality Canadian firms
• B)bond, high quality Canadian firms
• C)short-term promissory note, a government treasury department
• D)bond, the government of Canada

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Definitions:

Stock Repurchase

A program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares.

Continuing Shareholders

Continuing shareholders are individuals or entities that retain their shares in a company through various corporate actions or transactions, maintaining their stake in the company.

Sold

The act of transferring ownership of an asset or security from a seller to a buyer in exchange for money or equivalent.

Retained Earnings

Profits kept by a corporation for reinvestment in its operations, rather than being distributed to shareholders as dividends.