A Security Is

question 45

Multiple Choice

A security is:

• A) a private firm that accepts deposits and extends loans.
• B) when savers deposit funds into banks, which then loan these funds to borrowers.
• C) the date on which the loan repayment is due.
• D) a tradable contract that entitles its owner to certain rights.
• E) the risk that the borrower will not pay the face value of a bond on the maturity date.

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