An Important Investment Security Popular with Banks That Must,by Law,mature

question 73

Multiple Choice

An important investment security popular with banks that must,by law,mature within one year from the date of issue and which has a high degree of safety and marketability is the:

• A)Treasury bill.
• B)Treasury note.
• C)FNMA note.
• D)bankers' acceptance.
• E)Eurodollar CD.

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