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Typical banker acceptance maturity lengths

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Reference no: EM132813967

1. Which of the following are typical banker's acceptance maturity lengths?

Check all that apply.

-1 day

-2 weeks

-135 days

-225 days

2. Which of the following are properties of banker's acceptances? Check all that apply.

-The return on banker's acceptances is typically higher than the return on a T-bill.

-Maturities on banker's acceptances are typically longer than a year.

-The return on banker's acceptances is typically lower than the return on a T-bill.

-Banker's acceptances are commonly used for international trade transactions.

Reference no: EM132813967

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