Which of the following statements about the characteristics of debt and equity is false?
A) They can both be long-term financial instruments.
B) They can both be short-term financial instruments.
C) They both involve a claim on the issuer's income.
D) They both enable a corporation to raise funds.
Correct Answer:
Verified
Q1: With direct finance,funds are channeled through the
Q3: Every financial market has the following characteristic.
A)It
Q4: With _ finance,borrowers obtain funds from lenders
Q5: Financial markets improve economic welfare because
A) they
Q5: The principal lender-savers are
A)governments.
B)businesses.
C)households.
D)foreigners.
Q11: Assume that you borrow $2,000 at 10%
Q12: Well-functioning financial markets
A) cause inflation.
B) eliminate the
Q13: You can borrow $5,000 to finance a
Q13: Which of the following can be described
Q14: Which of the following can be described
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