Which of the following statements correctly describes characteristics of an Australian 13-week Treasury note? a.Treasury...
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Finance
Which of the following statements correctly describes characteristics of an Australian 13-week Treasury note?
a.Treasury notes are only issued by private companies.
b.If market yields dont change then the value of the Treasury Note will decrease each day until its price is equal to its face value at expiry.
c.The coupons offered by a Treasury Note are generally set equal to the market yield to maturity to ensure that the issuer can raise the face value of the note at the time of issuance.
d.None of the other statements are correct.
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