Which of the following is a long-term financial instrument?
A) A negotiable certificate of deposit
B) A repurchase agreement
C) A U.S. Treasury bond
D) A U.S. Treasury bill

Question

Quizplus · Accepted Answer

Of the options listed, only a U.S. Treasury bond is considered a long-term financial instrument as it typically has a maturity of 10 years or more. Negotiable certificates of deposit and repurchase agreements are short-term instruments, while U.S. Treasury bills generally have a maturity of less than one year.

Which of the Following Is a Long-Term Financial Instrument