bendlogan1103 bendlogan1103
  • 03-10-2018
  • Mathematics
contestada

T-bills are offered in what monetary increment?a. $1b. $10c. $100d. $1000

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Louve1
Louve1 Louve1
  • 03-10-2018
T-bills are offered in $100 monetary increment.
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Vespertilio Vespertilio
  • 25-11-2018

A T-Bill (short form for the Treasury Bill) is always sold in denominations of $100 up to a maximum purchase of $5 million. Therefore, T-bills (Treasury bills) are offered in the monetary increment of $ 100. Therefore, in the question given to us, out of the given options, Option C is the correct option.

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