AFP
CTP · Question #559
(Topic 6) Which of the following investment instruments is a discount instrument?
The correct answer is A. Banker's acceptance. See the full explanation below for the reasoning.
Question
- (Topic 6)
Which of the following investment instruments is a discount instrument?
Options
- ABanker's acceptance
- BYankee CD
- CTreasury note
- DMunicipal bond
How the community answered
(38 responses)- A79% (30)
- B3% (1)
- C8% (3)
- D11% (4)
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