Question: A fixed - income security ( bond ) is defined as: a security that pays a fixed payment for an infinite period of time long

A fixed-income security (bond) is defined as:
a security that pays a fixed payment for an infinite period of time
long-term debt issued solely by a federal or state government.
a long-term debt obligation that pays scheduled fixed payments for a finite time period.
any security originally issued as either debt or equity that pays a fixed, pre-set
payments.
 A fixed-income security (bond) is defined as: a security that pays

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