_____ are contracts containing a promise to pay a future stream of cash to investors who hold the contracts.

Question

Quizplus · Accepted Answer

Debt instruments, such as bonds, are contracts where an issuer promises to pay a stream of cash to investors who hold the bonds. The stream of cash typically includes periodic interest payments and the return of the principal at maturity. Futures, option contracts, and swap contracts are different types of financial instruments that are used for different purposes.

_____ Are Contracts Containing a Promise to Pay a Future