Which of the Following Statements About Financial Markets and Securities

question 82

Multiple Choice

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

• A) A bond is a long-term security that promises to make periodic payments called dividends to the firm's residual claimants.
• B) A debt instrument is intermediate term if its maturity is less than one year.
• C) A debt instrument is long term if its maturity is ten years or longer.
• D) The maturity of a debt instrument is the time (term) that has elapsed since it was issued.

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Definitions:

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