Asked by Anthony Rabbit on May 22, 2024
Verified
Treasury bills have a minimum denomination of
A) $100,000
B) $10,000
C) $1,000
D) $100
Minimum Denomination
The smallest unit of value in which a security or financial instrument can be issued or traded.
- Describe the features and objectives of U.S. Treasury securities.
Verified Answer
HB
Heather BarthMay 27, 2024
Final Answer :
C
Explanation :
Treasury bills have a minimum denomination of $1,000, making them accessible to a wide range of investors.
Learning Objectives
- Describe the features and objectives of U.S. Treasury securities.
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