Which of the Following Features Apply to T-Bills

question 5

Multiple Choice

Which of the following features apply to T-bills?
I. zero-coupon security
II. original maturities of 1 to 12 months
III. sold at face value
IV. minimum face value of $1,000

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

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Definitions:

Eurobond

An international bond that is denominated in a currency not native to the country where it is issued, offering a way for entities to raise capital in foreign markets.

Yankee Bond

A bond issued by a foreign entity in the United States, denominated in U.S. dollars, allowing issuers to access capital from U.S. investors.

Samurai Bond

A Japanese yen-denominated bond issued in Japan by a non-Japanese entity, aiming to attract investors based in Japan.

Bulldog Bond

A bond issued in the United Kingdom by foreign entities, denominated in British pounds, as part of international finance.