Bankers Acceptances
A)are financial instruments that arise to facilitate mostly international trade.
B)require a payment at face value at the maturity date.
C)are not tradable.
D)all of the above.
E)a and b only.

Question

Quizplus · Accepted Answer

Bankers Acceptances are financial instruments that are commonly used to facilitate international trade. They are typically payable at face value at the maturity date, and can be traded in the secondary market. So, the correct options are A and B. Option C is incorrect, as Bankers Acceptances can indeed be traded. Therefore, the best choice is E, as it denotes the correct options.