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Ilia_Sergeevich [38]
1 year ago
5

Argue why are Treasury bills a favorite place for financial managers to invest excess cash, as compared to other options? Your a

nswer must be supported with examples and academic citations.
Business
1 answer:
Maurinko [17]1 year ago
5 0

Treasury bills are a favorite place for financial managers to invest excess cash because of the sizable and vibrant market in which they are traded.

<h3>What are treasury bills?</h3>

Treasury bills are referred to as short-term securities issued by the government when they require cash. In comparison to their face value, bills are offered at a discount.

As a result, the investor can choose any term from one day to a year, literally defining the desired maturity. Maximum liquidity is offered by the "T-bill" market, which may take on practically any volume of activity.

Learn more about Treasury bills, here:

brainly.com/question/7278415

#SPJ1

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