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Commerce · Q583

Financial Management

Graduate and Post Graduate · Commerce · question 583

Q583

Bonds issued by government and backed by U.S government are classified as

A.
issued security
B.
treasury bonds
Answer
C.
U.S bonds
D.
return security

Answer: Option B

Solution

Answer: Option B
Solution:
Bonds issued by government and backed by U.S government are classified as treasury bonds. A Treasury bond (T-bond) is a marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years.