Consider the following information:
|
Row |
Instrument |
Characteristic |
|
1. |
Treasury Bills (T-Bills) |
Short-term government securities issued at a discount |
|
2. |
Commercial Papers (CPs) |
Unsecured short-term debt instruments by corporations |
|
3. |
Certificates of Deposit (CDs) |
Negotiable instruments issued by banks or financial institutions |
|
4. |
Trade Bills |
Trade financing instruments used by businesses |
In how many of the above rows is the given information correctly matched?
1
Only one
2
Only two
3
Only three
4
All four