Multiple Choice
(I) A bond is a debt security that promises to make payments periodically for a specified period of time.
(II) A stock is a security that is a claim on the earnings and assets of a corporation.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
Correct Answer:
Verified
Correct Answer:
Verified
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