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Default free financial security sells by U.S treasury is classified as

A. U.S treasury bills

B. commercial paper

C. certificate of deposit

D. mutual funds

Answer: Option A

Solution(By Examveda Team)

Default free financial security sells by U.S treasury is classified as U.S treasury bills. A Treasury Bill (T-Bill) is a short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less.

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