Except one of the following instruments others are issuedat discount. Identify the exception:
A. A Certificate of Deposit (CD)
B. A Treasury Bill (TBill)
C. A Commercial Paper (CP)
D. A Fixed Deposit (FD)
Answer:D
Except one of the following instruments others are issuedat discount. Identify the exception:
A. A Certificate of Deposit (CD) B. A Treasury Bill (TBill) C. A Commercial Paper (CP) D. A Fixed Deposit (FD)