Which of the following statements is true of U.S. Treasury bills (T-bills)?
A) They are highly liquid.
B) They are highly risky.
C) They mostly mature in 40 weeks.
D) They cannot be sold before maturity.

Question

Quizplus · Accepted Answer

U.S. Treasury bills are considered highly liquid because they can be easily bought and sold in the market. They are short-term securities, typically maturing in a few days to one year, and are backed by the U.S. government, making them low-risk investments.

Which of the Following Statements Is True of U