Which of the following investments are quoted on a discount basis?

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Treasury bills are typically sold at a discount from their face value and redeemed at full face value upon maturity. This means investors purchase them for less than their par value, or at a discount, and receive the full face value when they mature. The other investment options listed are typically issued and traded at their face value, and do not involve a discount.

Which of the Following Investments Are Quoted on a Discount