Answer:
The correct answer is letter "B": Are quoted as a percentage of par.
Explanation:
Treasury Bonds (T-Bonds) are marketable securities issued by the U.S. government, available in one (100) hundred dollars increments. Bonds have a maturity period of 10 to 30 years, with the most frequent being 30. Interest is charged every six months, at the state level is tax-free, but at the federal level taxable.
T-bonds are sold in an auction, which determines the bond's price and yield. Bonds are quoted as a percentage of par value, taking by reference the principal.
Answer: The correct answer is B). Are quoted as a percentage of par.
Explanation:
U.S Treasury bonds are fixed income government securities that earn interest until maturity. It's expressed as a percentage of par value. A bond quote above 100 means the bond is trading above par.
Treasury bonds have a trades extensively and have a maturity date of 10 - 30 years.
