Which of the Following Characteristics Apply to U

question 30

Multiple Choice

Which of the following characteristics apply to U. S. Treasury bills? I. income taxed at both the federal and state level
II) minimal, if any, default risk
III) marketable, but not liquid
IV) short maturities

• A) I and III only
• B) II and IV only
• C) I, II, and IV only
• D) II, III, and IV only
• E) I, II, III, and IV

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