JAMB Commerce 2007 Objective — Question 14

Question 14 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

Which of the following is a risk-free security?

A. Treasury billCorrect
B. Debenture
C. ordinary share
D. preference share

Explanation

Treasury bills are government securities and are considered risk-free since government has many means of repaying its debt.

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