Answered

Which of the following is the distinguishing characteristic between bills, notes, and bonds?

A. The interest rate of each
B. Bills are liabilities, notes are equity, and bonds are assets
C. The amount that is borrowed
D. The term for maturity



Answer :

GinnyAnswer

Final answer:

Bonds, notes, and bills differ in their term for maturity.


Explanation:

Bonds, notes, and bills differ mainly in the term for maturity. Bonds have longer maturity dates (over 10 years), while notes have maturities from 2 to 10 years, and bills mature in under a year. This distinction in maturity terms is what sets them apart.


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