Multiple Choice
Lulu purchased a security that promises to pay $50 twice a year from January 15, 2012 to January 15, 2016 and then pay $1,000 on January 15, 2016. The security is a debt to the company that issued It. The security is a
A) depreciating asset.
B) bond.
C) net investment to the company that issued it.
D) physical capital.
E) share of stock.
Correct Answer:
Verified
Correct Answer:
Verified
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