Which of the following is not true of Treasury bonds?
A) long-lived
B) noncallable
C) stated interest rate
D) pay higher rates of interest than Treasury bills

Question

Quizplus · Accepted Answer

Treasury bonds can indeed be callable, which means the issuer (in this case, the government) has the right to redeem the bond before its maturity date under certain conditions. This contradicts the statement that they are noncallable.

Which of the Following Is Not True of Treasury Bonds