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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)
  • A
    79% (30)
  • B
    3% (1)
  • C
    8% (3)
  • D
    11% (4)

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