In 1998, the government lowered the minimum denomination of T-bills so that individuals can now purchase T-bills along with institutional investors. What is the current lowest denomination of T-bills? $500 $1,000 $5,000 $10,000
In 1998, the government lowered the minimum denomination of T-bills so that individuals can now purchase T-bills along with institutional investors. What is the current lowest denomination of T-bills? $500 $1,000 $5,000 $10,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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In 1998, the government lowered the minimum denomination of T-bills so that individuals can now purchase T-bills along with institutional investors. What is the current lowest denomination of T-bills?
$500
$1,000
$5,000
$10,000
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