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Briefly define each of the five key financial assets. is anything that people are willing to accept in payment for goods and services or to

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Briefly define each of the five key financial assets. is anything that people are willing to accept in payment for goods and services or to pay off debts. is a financial security that represents partial ownership of a firm. is a financial security issued by a corporation or government to borrow money in exchange for the rights to an interest payment. is a unit of foreign currency is a collection of loans packaged together that pays an interest payment to the owner of the loan. Every financial asset a financial security What a saver would consider a financial asset a borrower would consider a financial liability. Is this statement true or false? O A. True OB. False

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