The difference between a Treasury bill and a Treasury bond is that the
The difference between a Treasury bill and a Treasury bond is that the bill
A) can be purchased by anyone, and the bond can be purchased by U.S. citizens only.
B) is insured, and the bond is not.
C) pays more than the bond.
D) pays no interest.
E) is short-term, and the bond is long-term.
ANSWER
E
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