A security that represents a debt to be paid is known as:
A) a stock.
B) a bond.
C) a bank.
D) a rating.
E) an index.
Correct Answer:
Verified
Q3: Direct finance occurs when
A) savers go directly
Q6: When borrowers go directly to savers for
Q7: A tradable contract that entitles its owner
Q9: The two different paths through the loanable
Q10: A security is:
A) a private firm that
Q14: One example of a financial intermediary is:
A)
Q15: Private firms that accept deposits and extend
Q15: In financial markets,firms and governments in search
Q16: Banks are
A) always owned by the government.
B)
Q19: Banks
A) are the only type of financial
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