Which of the Following Is True of Treasury Bills

question 51

Multiple Choice

Which of the following is true of Treasury bills?

• A)Interest on Treasury bills is not exempt from state income taxes.
• B)Interest on Treasury bills is exempt from federal income taxes.
• C)Treasury bills pay a lower pre-tax yield than comparable corporate securities.
• D)All the options are true.
• E)None of the options is correct.

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