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
A: premium
B: collateral
C: default
D: discount
举一反三
- 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.
- 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.
- "We allow you a 2% discount for cash payment " is better written than "You earn a 2% discount when you pay in cash".
- In the foreign exchange market, there would be forward oncurrencies with higher interest rates and forward on currencies with lower interest rates. A: discount, discount B: premium, premium C: discount, premium D: premium, discount
- Treasury bills do not_________ A: pay interest. B: have a maturity date. C: have a face amount. D: have an active secondary market.