Which of the following is not true of Treasury bills?
A)long-lived
B)sold at a discount
C)mature at par
D)all the above are false

Name: Which of the following is not true of Treasury bills? A)long-lived B)sold at a discount C)mature at par D)all the above are false
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Question

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Treasury bills are short-term securities with maturities ranging from a few days to a year. Therefore, they are not long-lived. Additionally, they are sold at a discount to their face value and at maturity, they are redeemed at par value.

Which of the Following Is Not True of Treasury Bills