Which of the following marketable securities is issued by the U.S federal government?
A) CD
B) CP
C) Repurchase agreement
D) T-bills
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Explanation:
There are four types of marketable treasury securities: Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation Protected Securities (TIPS). The government sells these securities in auctions conducted by the Federal Reserve Bank of New York, after which they can be traded in secondary markets.
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Answer:
D) T- bills is the answer
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