Which of the Following Is NOT a Feature or Function

question 28

Multiple Choice

Which of the following is NOT a feature or function of Treasury notes (T-notes) ?

• A) T-notes are issued with short-term maturities.
• B) T-notes are discount securities; that is, they are sold at a price below face value.
• C) Coupon payment, plus the face value, is paid at maturity.
• D) T-notes are used to manage the liquidity for the government.

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Definitions:

Sensations

The immediate and basic experiences generated from sensory stimuli.

Ritual Prohibitions

Rules or taboos within a culture or religion that restrict certain actions or behaviors as part of ritual practices.

Culturally Prescribed Avoidances

Specific prohibitions or restrictions that are imposed by a culture on the behavior of its members, often for religious, moral, or social reasons.

Taboos

Cultural prohibitions or restrictions on certain actions, topics, or substances, based on societal norms and values.