Question

Which is a short term bond that must be paid within a year or less?

Answer 1

Treasury bill
It's a short-term debt backed by the U.S. government with a limit of one year, It's sold in denominations of $1,000. The maximum purchase is $5 million

Answer 2

Answer:

The correct answer is "Treasury bill".

Explanation:

A Treasury bill is a short-term debt obligation of the U.S. government. The obligation is backed by the Department of the Treasury and is characterized by a maturity of one year or less. These securities are considered to be low risk and safe investments.

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