All of the following are correct regarding Treasury Bills EXCEPT:
a. Once Treasury bills are bought by a company, they cannot be sold.
b. Treasury bills are sold each week by the Treasury to the highest bidder.
c. They are often called T-bills.
d. They are considered virtually risk free.
e. They are issued only in minimum amounts of $10,000 or more.
a. Once Treasury bills are bought by a company, they cannot be sold.
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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