Which of the following best describes a debt security?
A) Collateral demanded by a bank when approving a customer loan.
B) An instrument that promises to make certain payments on specified future dates.
C) Any dividend- yielding instrument.
D) An instrument that gives the holder ownership rights.
Correct Answer:
Verified
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Q11: A characteristic of fixed- interest securities is:
A)
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A) high-
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A) a
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Q18: Which of the following is NOT a
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