Which of the following is always sold on a discount basis?
A) Stocks.
B) Treasury bills.
C) Futures.
D) Treasury bonds.
E) Options.

Question

Quizplus · Accepted Answer

Treasury bills are always sold on a discount basis, meaning they are sold at a price lower than their face value and the investor receives the full face value at maturity. This discount represents the earned interest on the investment. Stocks, futures, treasury bonds, and options are not always sold on a discount basis.

Which of the Following Is Always Sold on a Discount