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The following are correct descriptions about Financial Instruments used in Financial Markets, EXCEPT: OA Security is a financial instrument that represents a claim on the issue's future income or assets. OBonds and Stocks are Financial Securities. Bond is a debt security that promises to make Variable Payments periodically, in proportion to the value of the asset in the market. Stock (common stock) offer returns that are variable and based on the net profitability of the entity issuing the stock.

The following are correct descriptions about Financial Instruments used in Financial Markets, EXCEPT: OA Security is a financial instrument that represents a claim on the issue's future income or assets. OBonds and Stocks are Financial Securities. Bond is a debt security that promises to make Variable Payments periodically, in proportion to the value of the asset in the market. Stock (common stock) offer returns that are variable and based on the net profitability of the entity issuing the stock.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The following are correct descriptions about Financial Instruments used in Financial Markets, EXCEPT: OA Security is a financial instrument that represents a claim on the issue's future income or assets. OBonds and Stocks are Financial Securities. Bond is a debt security that promises to make Variable Payments periodically, in proportion to the value of the asset in the market. Stock (common stock) offer returns that are variable and based on the net profitability of the entity issuing the stock.
Transcribed Image Text:The following are correct descriptions about Financial Instruments used in Financial Markets, EXCEPT: OA Security is a financial instrument that represents a claim on the issue's future income or assets. OBonds and Stocks are Financial Securities. Bond is a debt security that promises to make Variable Payments periodically, in proportion to the value of the asset in the market. Stock (common stock) offer returns that are variable and based on the net profitability of the entity issuing the stock.
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