Finra Exam Series-7 Topic 3 Question 111 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 111
Topic #: 3

[All Series-7 Questions]

Which of the following is not true about US treasury bills?

Athey are issued at a discount

Bthey are money market instruments

Cthey are issued in denominations of $1,000 to $1,000,000

Dthey are general obligations of the US government

Show Suggested Answer

Suggested Answer: C

they are issued in denominations of $1,000 to $1,000,000. Remember, the question asks what is ''not'' true. The smallest denomination for a US treasury bill is $10,000.

by Ciara at May 02, 2025, 07:11 PM

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