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Which of the Following Example Involves Transferring Income to the Future

Question 21

Multiple Choice

Which of the following example involves transferring income to the future as well as transferring income from the future?


A) Buying a car with own surplus funds
B) Buying a car with a bank loan
C) Buying a security with own funds
D) Buying a security with borrowed funds
E) Selling a security to buy an insurance policy

Correct Answer:

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