which following not correct statement

Which of the following is NOT a correct statement?

  1. ST US gov’t debt instrument is called Treasury bill

  2. LT US gov’t debt instrument includes Treasury note with maturity up to 10 years and Treasury bond with maturity up to 30 years

  3. ST refers to maturity up to 3 years

  4. LT corporate debt instrument is called corporate bond

  5. Bond is the term for LT debt instruments in general

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