Which of the Following Statements Is True with Respect to U.S

question 37

Multiple Choice

Which of the following statements is true with respect to U.S. Treasury issues?

• A) Treasury bills are issued in minimum units of $10,000 with maturities that range from 10 to 30 years.
• B) Treasury notes are issued in $100 units with a maturity of more than 1 year, but not more than 10 years.
• C) Treasury bonds are issued in $5,000 units with 10-year maturities.
• D) The Treasury no longer issues Treasury bills.
• E) Treasury bills generally pay a higher interest rate than Treasury bonds.

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Definitions:

Takeover

The acquisition of control of a company by another, through the purchase of a majority of its shares or through other strategies.

Acquisition

The act of one business securing the bulk or all of another company’s equity to take over control.

Shareholders

Individuals or entities that own shares in a corporation, thus holding a portion of the company's equity.