Cfin4 chapter 3 test - Study guides, Class notes & Summaries

CFIN4 Chapter 3 Test Questions and Answers All Correct Treasury bills, which represent debt of the U.S. government, have maturities less than one year. As a result, in which type of financial market do outstanding, or already issued, Treasury bills trade? a. capital market b. primary market c. money market d. stock markets e. Treasury bills trade in more than one of the above markets - Answer- c. money market Capital markets are markets for a. commercial paper. b. short-term debt se...