Which of the following statements is true?
A) Treasury bills mature in 2 to 10 years.
B) Treasury notes mature in 13 or 26 weeks.
C) Treasury bills,notes,and bonds are considered to be very safe investments.
D) Municipal bonds are issued to help the federal government build new projects such as highways and stadiums.

Question

Quizplus · Accepted Answer

Treasury bills, notes, and bonds are considered to be very safe investments as they are backed by the full faith and credit of the United States government. A) is incorrect as Treasury bills mature in less than one year, typically in 4, 8, 13, or 26 weeks. B) is partially correct as Treasury notes do mature in 13 or 26 weeks but can also have maturities of 2, 3, 5, or 10 years. D) is incorrect as municipal bonds are issued by state and local governments to fund projects such as schools, hospitals, and other infrastructure, not by the federal government.

Which of the Following Statements Is True