Which of the following statements is true with respect to U.S.Treasury securities?
A) Treasury bills are issued in minimum units of $10,000 with maturities that range from 10 to 30 years.
B) Typical maturities for treasury notes are 2,3,5,7,and 10 years.
C) Treasury bonds are issued in $5,000 units with 10-year maturities.
D) The Treasury no longer issues Treasury bills.
E) Treasury bills generally pay a higher interest rate than Treasury bonds.
Correct Answer:
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