Question: What is correct about debt instruments? Debt instruments are contracts that promise payment in the future. Discount bonds, simple loans, fixed payment loans, and coupon
What is correct about debt instruments?
Debt instruments are contracts that promise payment in the future.
Discount bonds, simple loans, fixed payment loans, and coupon bonds are examples of debt instrements.
Debt instruments are priced by calculating the sum of the present value of the promised future payments.
All of the above.
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