After a Treasury Security Is Sold for the First Time

question 56

Multiple Choice

After a Treasury security is sold for the first time:

• A) it can no longer be sold.
• B) it must be sold to someone in a secondary market before it hits its maturity date.
• C) it loses its initial value.
• D) anyone can buy it in the large and active secondary market for U.S.Treasury securities.
• E) only large financial firms can buy it through auctions.

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Definitions:

Division

A section or branch of a company that operates semi-autonomously, focusing on a particular product line, market segment, or geographical area.

Managerial Performance

Evaluation of the effectiveness with which managers achieve organizational goals and utilize resources efficiently and effectively.

Cosmetics Division

A specialized department or sector within a company focused on the production and sale of beauty, skincare, and personal care products.

Return on Investment

A measure of the profitability or efficiency of an investment, calculated as the net profit from the investment divided by its cost.