A Fixed-Income Security Pays ____________

question 17

Multiple Choice

A fixed-income security pays ____________.

• A)a fixed level of income for the life of the owner
• B)a fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security
• C)a variable level of income for owners on a fixed income
• D)a fixed or variable income stream at the option of the owner
• E)none of the above

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Definitions:

Direction

A course along which something moves, points, or faces, often implying a trend or tendency in data, processes, or movements.

Scatterplot

A type of graph used in statistics to visually display and compare two variables for a set of data, showing how much one variable is affected by another.

Two-Way Table

A table that displays data about two categorical variables; used to explore the relationship between the two variables.

Scatterplot Strength

Indicative of the degree of correlation between two variables represented in a scatterplot, showing how closely the data points fit a trend line.