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Which of the following is true of secondary securities? a) They include equities, bonds, and other debt claims b) They are backed by the real assets of corporations issuing them c) They are securities that back primary securities d) They are securities issued by FIs

Which of the following is true of secondary securities? a) They include equities, bonds, and other debt claims b) They are backed by the real assets of corporations issuing them c) They are securities that back primary securities d) They are securities issued by FIs

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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6. Which of the following is true of secondary securities?

a) They include equities, bonds, and other debt claims
b) They are backed by the real assets of corporations issuing them

c) They are securities that back primary securities
d) They are securities issued by FIs

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