Which ONE of the following statements is true?
A) The lower the transaction costs are, the greater a security's marketability.
B) The interest rate, or yield, on a security varies inversely with its degree of marketability.
C) U.S. Treasury bills have the largest and most active secondary market and are considered to be the most marketable of all securities.
D) All of the above are true.

Question

Quizplus · Accepted Answer

The lower the transaction costs are, the greater a security's marketability. The interest rate, or yield, on a security varies inversely with its degree of marketability. U.S. Treasury bills have the largest and most active secondary market and are considered to be the most marketable of all securities.

Which ONE of the Following Statements Is True