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mdensmore mdensmore
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Which one of the following statements concerning Treasury bonds is correct?

▸ The par values of all Treasury bonds are adjusted periodically in response to changes in the rate of inflation.

▸ Treasury bonds have maturity dates ranging from two to ten years.

▸ Interest earned on Treasury bonds is tax-exempt at the federal level.

▸ All Treasury securities are backed by the "full faith and credit" of the U.S. government.
Textbook 

Fundamentals of Investing


Edition: 14th
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jjwatsonjjwatson
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All Treasury securities are backed by the "full faith and credit" of the U.S. government.

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