Reference no: EM133043522
Question - Consider the following statements:
1. Treasury-bills in the United States are financial instruments initially sold by the commercial banks in the United States to raise funds.
2. For a limited liability company, the liability is restricted to the shareholders of the company and not the bond holders.
3. A common measure of a share's market liquidity is the ratio of turnover to market capitalisation.
4. Money market instruments are short-term instruments with marketability and pay liquidity premiums
How many of these statements are true and how many are false?
a. 1 statement is true and 3 are false
b. 2 statements are true and 2 are false
c. 3 statements are true and 1 is false
d. All 4 statements are true
e. All 4 statements are false