Which of the following is not an attribute of US treasury bills?
A)an unusually high degree of liquidity
B)always sells at a discount to face value
C)is most often issued with three-month, six-month, and one-year maturities
D)interest is exempt from federal income taxes

Question

Quizplus · Accepted Answer

interest is exempt from federal income taxes. This is the choice that is "not" an attribute of treasuries. All of the other choices are attributes of US treasury bills, which are subject to federal income taxes.

Which of the Following Is Not an Attribute of US