Which of the Following Assets Are Not Included in the Asset

question 60

Multiple Choice

Which of the following assets are not included in the asset class, BONDS, according to the definitions used in this book?

• A)commercial paper
• B)long-term Treasury bonds
• C)municipal bonds
• D)All of the above are classified as bonds as defined by the chapter.

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Definitions:

Myopic

Short-sightedness; a condition where close objects are seen clearly, but distant objects appear blurred. Also used metaphorically to describe a lack of foresight or long-term planning.

Eyeball

The spherical part of the eye that contains the visual apparatus and is responsible for vision.

Spherical

Having the shape or form of a sphere, often used to describe objects or celestial bodies.

Eyeballs

Organs of vision in humans and animals that detect light and convert it into electro-chemical impulses in neurons.