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After a Treasury Security Is Sold for the First Time

Question 87

Multiple Choice

After a Treasury security is sold for the first time:


A) it can no longer be sold.
B) it must be sold to someone in a secondary market before it hits its maturity date.
C) it loses its initial value.
D) anyone can buy it in the large and active secondary market for U.S.Treasury securities.
E) only large financial firms can buy it through auctions.

Correct Answer:

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