U.S. Treasury bills pay no interest but are sold at a ________. That is, you will pay a lower purchase price than the amount you receive at maturity.
举一反三
- S. Treasury bills pay no interest but are sold at a ________. That is, you will pay a lower purchase price than the amount you receive at maturity. A: premium B: collateral C: default D: discount
- Which<br/>one of the following statements is correct if you purchase an item<br/>with credit terms of 2/5, net 15?() A: If<br/>you pay within two days, you will receive a 5 percent discount. B: If<br/>you pay within 2 to 5 days, you will receive a 15 percent discount. C: If<br/>you do not pay within 5 days, you will be charged interest at a 15<br/>percent annual <br/>rate. D: If<br/>you pay within 5 days, you will receive a 2 percent discount. E: You<br/>must pay the discounted amount within 15 days.
- Which of the following statements is FALSE? A: The amount of each coupon payment is determined by the coupon rate of the bond. B: Prior to its maturity date, the price of a zero-coupon bond is always greater than its face value. C: The simplest type of bond is a zero-coupon bond. D: Treasury bills are U.S. government bonds with a maturity of up to one year.
- You will _________ for not learning English; you never know how much you will miss without being able to speak English. A: pay a big price B: pay price C: feel delighted D: pay big price
- Treasury bills do not_________ A: pay interest. B: have a maturity date. C: have a face amount. D: have an active secondary market.