问题 单项选择题

Which of the following best describes a Treasury note Pays:()

A. implicit interest; is non-callable; has a 2- to 10-year maturity.

B. explicit interest; is callable; has a 1- to 15-year maturity.

C. explicit interest; is non-callable; has a 2- to 10-year maturity.

答案

参考答案:C

解析:

While some Treasury bonds issued prior to 1984 are callable, notes are not. They pay explicit, semi-annual interest and have original maturities ranging from 2 to 10 years.

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