Which of the following statements about the characteristics of debt and equity is FALSE?
A) They can both be long-term financial instruments.
B) They can both be short-term financial instruments.
C) They both involve a claim on the issuer's income.
D) They both enable a corporation to raise funds.
B
Economics
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Economic growth means people produce
A) money. B) material things. C) whatever people value. D) only durable and high-quality goods.
Economics
Refer to Figure 10.5. A shift from MP1 to MP3 will occur if
A) investors increase the short-term interest they expect in the future. B) investors increase the term premium they require on long-term bonds. C) the Fed decreases its target for the short-term nominal interest rate. D) the expected inflation rate decreases.
Economics