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Fin 301 > Exam 2 - Chapter 5 > Flashcards

Exam 2 - Chapter 5 Flashcards

1
Q

Fixed Income securities

A

financial asset

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2
Q

(2)Fixed Income Securities

A

long-term debt instrument

- preferred stock

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3
Q

Variable Income Securities

A

Common Stock

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4
Q

Mortage bond

A

secured by real property,

normally land or buildings

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5
Q

Debentures

A

unsecured

If comapny goes out of business they liquadate assets and pay back debt

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Fin 301 (9 decks)

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