Which of the following features apply to T-bills?
I. original maturities of 4, 13, or 26 weeks
II. minimum face value of $10,000
III. sold at a discount
IV. semiannual interest payments

Question

Quizplus · Accepted Answer

T-bills have original maturities of 4, 13, or 26 weeks and are sold at a discount. They do not have semiannual interest payments and there is no minimum face value- the minimum investment amount is $100.

Which of the Following Features Apply to T-Bills