The Secondary Market for T-Bills Means That

question 5

Multiple Choice

The secondary market for T-bills means that

• A) they cannot be sold before their maturity date with the help of a brokerage firm.
• B) an individual may purchase T-bills that were owned by some other investor rather than from the government.
• C) T-bills are less liquid than CDs.
• D) All of the above.

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Definitions:

Datasheet View

A way of displaying data in a database program that shows information in a tabular form, similar to a spreadsheet.

Navigation Pane

A graphical user interface component that provides a structured and easily navigable overview of the contents of a document, application, or website.

Shortcut Menu

A context-sensitive menu that appears upon right-clicking in a software application, providing quick access to frequently used functions related to the selected object.

Customer Number

A unique identifier assigned to a customer to facilitate tracking and service in business transactions.