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peachraccoon287Lv1

28 Sep 2019

Which of the following statements about financial markets and securities is true?

a. A debt instrument is intermediate-term if its maturity is ten years or longer.

b. The maturity of a debt instrument is the number of years (term) to that instrument's expiration date.

c. A debt instrument is intermediate-term if its maturity is less than one year.

d. A bond is long-term security that promises to make periodic payments called dividends to the firm's residual claimants.

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Darryn D'SouzaLv10

28 Sep 2019

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Financial markets security exchanges financial intermediariesâ investment funds

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contractual savings depository institutions (banks), investment intermediaries entrepreneurial at risk

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Dividends revenue stock options retirement income loans

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Fees pledges contributions garnishments payroll deductions

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