Author Question: The Department of the Treasury offers three types of bonds for sale: Treasury bills, Treasury munis, ... (Read 269 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
The Department of the Treasury offers three types of bonds for sale: Treasury bills, Treasury munis, and Treasury bonds.
 
  Indicate whether the statement is true or false.

Question 2

Describe the three types of financial instruments issued by the U.S. Department of the Treasury.
 
  What will be an ideal response?



meganmoser117

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

Answer: FALSE
Explanation: The Department of the Treasury offers Treasury bills, Treasury NOTES, and Treasury bonds for sale.

Answer to Question 2

Answer: The U.S. Department of the Treasury issues three types of financial instruments:
1. Treasury bills, with maturities of less than a year; these are zero-coupon instruments in that they pay both principal and interest at maturity only.
2. Treasury notes, with maturities of between two and ten years; these are semiannual bonds.
3. Treasury bonds, with maturities of more than ten years; these are also semiannual bonds.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

For a complete list of videos, visit our video library