Which of the Following Statements Is False

question 20

Multiple Choice

Which of the following statements is false?

• A) In the case of a Treasury note or Treasury bond offering, the stop-out yield determines the coupon of the bond and then all bidders pay the discounted value for the bond or note.
• B) All competitive bidders submit sealed bids in terms of yields and the amount of bonds they are willing to purchase.
• C) In the past, the Treasury has issued bonds with maturities of 30 years (often called long bonds) and 20 years.
• D) Noncompetitive bidders (usually individuals) just submit the amount of bonds they wish to purchase and are guaranteed to have their orders filled at the auction.

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Definitions:

Virginity

A social and personal concept often defined as not having engaged in sexual intercourse.

Hymen

A thin membrane partially covering the external vaginal opening in females, often associated with virginity.

Virgin

A person who has not engaged in sexual intercourse.

Oocytes

Female gametes or eggs that are produced and developed in the ovaries and can be fertilized by sperm cells to form an embryo.