Multiple Choice
Lulu purchased a security that promises to pay $50 twice a year from January 15, 2009 to January 15, 2013 and then pay $1,000 on January 15, 2013.The security is a debt to the company that issued it.The security is a
A) depreciating asset.
B) bond.
C) share of stock.
D) physical capital.
E) net investment to the company that issued it.
Correct Answer:
Verified
Correct Answer:
Verified
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