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    Exam 1: The Investment Environment
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    A Security That Pays a Specified Cash Flow Over a Specific
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A Security That Pays a Specified Cash Flow Over a Specific

Question 36

Question 36

Multiple Choice

A security that pays a specified cash flow over a specific period is called


A) fixed income.
B) stock option.
C) mutual fund.
D) real estate.

Correct Answer:

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