A government security that is sold in $100 units with a maturity of more than one year but not more than ten years is a
A) Series EE savings bond.
B) U.S. savings bond.
C) Treasury bond.
D) Treasury note.
E) Treasury bill.

Question

Quizplus · Accepted Answer

A government security that is sold in $100 units with a maturity of more than one year but not more than ten years is a Treasury note. The other options are not applicable as they either have different maturities (Treasury bond) or are short-term securities (Treasury bill, Series EE savings bond, and U.S. savings bond).

A Government Security That Is Sold in $100 Units with a Maturity