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AFP CTP Question # 261 Topic 27 Discussion

CTP Exam Topic 27 Question 261 Discussion:
Question #: 261
Topic #: 27

A cash manager invests in Treasury bills for which of the following reasons?


A.

The interest earned is exempt from federal taxes.


B.

There is no price risk.


C.

They are extremely liquid.


D.

They offer the highest yield for overnight investing.


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