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Author Question: Which of the following is a debt instrument that specifies the timing of principal and interest ... (Read 49 times)

wenmo

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Which of the following is a debt instrument that specifies the timing of principal and interest payments?
 
  A) stock
  B) bond
  C) share
  D) equity

Question 2

________ refers to shares of ownership in a company's assets that give shareholders a claim on the company's future cash flows.
 
  A) Stock
  B) A bond
  C) Debt
  D) A draft



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lcapri7

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Answer to Question 1

B

Answer to Question 2

A




wenmo

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Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)


mcabuhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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