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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
A debt security ________.
A) is a standardized contract between two parties to buy or sell an underlying security at a predetermined price on a specific date
B) represents stock ownership in another company and sometimes pays dividends
C) is a cash market transaction in which the ownership of the underlying asset is deferred until a specific date
D) represents a credit relationship with another company or governmental entity, and typically pays interest for a fixed period
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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