Income stock is a debt obligation issued after a reorganization with the interest tied to some cash flow level for the company and with quite long maturity dates.

Name: Income stock is a debt obligation issued after a reorganization with the interest tied to some cash flow level for the company and with quite long maturity dates.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Income stock refers to shares of companies that regularly pay high dividends relative to their stock price, not a debt obligation.

Income Stock Is a Debt Obligation Issued After a Reorganization