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Canadian Securities Course (CSC) Practice Exam · Question

Which of the following fixed-income securities typically offers the lowest yield due to its short-term nature and high liquidity?

Treasury Bills are short-term debt instruments issued by the Government of Canada, generally with maturities of less than one year, making them highly liquid an

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Question: Which of the following fixed-income securities typically offers the lowest yield due to its short-term nature and high liquidity?

Answer options: ✅ Government of Canada Treasury Bill

  • Long-term Provincial Bond
  • Corporate Debenture
  • Preferred Share

Correct answer: Government of Canada Treasury Bill

Explanation: Treasury Bills are short-term debt instruments issued by the Government of Canada, generally with maturities of less than one year, making them highly liquid and often yielding less than longer-term or corporate debt.

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