Q967
Default free financial security sells by U.S treasury is classified as
A.
U.S treasury bills
AnswerB.
commercial paper
C.
certificate of deposit
D.
mutual funds
Answer: Option A
Solution
Answer: Option A
Solution:
Default free financial security sells by U.S treasury is classified as U.S treasury bills. A Treasury Bill (T-Bill) is a short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less.