________ are obligations of the U.S. Treasury with common maturities of one to seven years and that are generally issued in minimum denominations of $5,000.
A) Treasury notes
B) Treasury bills
C) Federal agency issues
D) Banker's acceptances

Question

Quizplus · Accepted Answer

Treasury notes are debt obligations issued by the U.S. Treasury with maturities ranging from one to ten years but commonly from one to seven years, and they are typically sold in minimum denominations of $1,000. Treasury bills, on the other hand, are short-term debt obligations with maturities of one year or less, while federal agency issues and banker's acceptances are debt securities issued by federal agencies or banks, respectively, and are not directly issued by the U.S. Treasury.

________ Are Obligations of the U