Q414
Treasury bills have high liquidity because of
A.
extensive secondary markets
AnswerB.
extensive primary markets
C.
premium money markets
D.
discounted money markets
Answer: Option A
Solution
Answer: Option A
Solution:
Treasury bills have high liquidity because of extensive secondary markets. A Treasury Bill (T-Bill) is a short-term U.S. government debt obligation backed by the Treasury Department with a maturity of one year or less.