Question: A fixed - income security ( bond ) is defined as: a security that pays a fixed payment for an infinite period of time long
A fixedincome security bond is defined as:
a security that pays a fixed payment for an infinite period of time
longterm debt issued solely by a federal or state government.
a longterm 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, preset
payments.
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