Solved

Fixed-Interest Investments Have the Following Characteristics

Question 13

Multiple Choice

Fixed-interest investments have the following characteristics:


A) They cannot be traded on the secondary market before their maturity if an investor needs to convert their investment to cash.
B) Interest is usually paid on a regular basis, but with some investments, the interest amount is factored into the final payment and offered as a discount security or with accumulated interest paid on maturity.
C) They are not subject to credit risk.
D) Both a and b

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents