Multiple Choice
Which of the following identifies the distinction between a U.S.Treasury bond and a Treasury note?
A) Bonds make coupon payments; notes do not.
B) Bills have default risk; bonds do not.
C) Bonds are priced in 32s; notes are not.
D) Bonds initially have more than 10 years until maturity; notes have fewer than 10 years initially.
Correct Answer:
Verified
Correct Answer:
Verified
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