FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 22 Topic 3 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 22 Topic 3 Discussion

Series-7 Exam Topic 3 Question 22 Discussion:
Question #: 22
Topic #: 3

Which of the following is not an attribute of US treasury bills?


A.

an unusually high degree of liquidity


B.

always sells at a discount to face value


C.

is most often issued with three-month, six-month, and one-year maturities


D.

interest is exempt from federal income taxes


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