Which of the following is sold to investors at weekly auctions? A) in
QUESTION
Which of the following is sold to investors at weekly auctions?
A) initial public offering stock issues
B) long-term U.S. Treasury securities
C) secondary securities
D) short-term U.S. Treasury securities
E) institutional investor stocks
ANSWER
Answer: D
Explanation: D) Most securities sold through open auction are U.S. Treasury securities. Short-term securities are auctioned weekly.
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