Sản phẩm & Rủi roCâu 19 / 398
Which U.S. Treasury security is issued at a discount, pays no periodic interest, and has a maturity of one year or less?
a.Treasury note
b.Treasury bond
c.Treasury bill
d.Treasury Inflation-Protected Security (TIPS)
Giải thích
Treasury bills mature in one year or less and are sold at a discount to face value, with the investor's return being the difference at maturity rather than periodic coupons. Notes and bonds pay semiannual interest, and TIPS pay interest and adjust principal for inflation.
Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A high-yield ('junk') bond generally offers a higher coupon than an investment-grade bond because it:
- A bond's indenture is best described as:
- An investor holds a convertible corporate bond. This feature primarily allows the investor to:
- How does a Treasury Inflation-Protected Security (TIPS) protect an investor from inflation?
- U.S. Treasury securities are generally considered to have the LOWEST of which risk?
- An investor wants Treasury interest that is subject to federal income tax but EXEMPT from state and local income tax. This tax treatment applies to:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra