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PRMIA Exam 8006 Topic 9 Question 24 Discussion

Actual exam question for PRMIA's Exam I: Finance Theory, Financial Instruments, Financial Markets – 2015 Edition exam
Question #: 24
Topic #: 9
[All Exam I: Finance Theory, Financial Instruments, Financial Markets – 2015 Edition Questions]

What is the coupon on a treasury bill?

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Suggested Answer: C

Treasury bills are short-term government securities with maturities ranging from a few days to 52 weeks. Bills are sold at a discount from their face value, and do not carry a coupon.


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