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Choose the statement that is incorrect Select one: Stocks, bonds, short-term securities, and loans are financial assets The interest rate on a financial asset is
Choose the statement that is incorrect
Select one:Stocks, bonds, short-term securities, and loans are financial assets
The interest rate on a financial asset is the interest received expressed as a percentage of the price of the asset
If the asset price rises, other things remaining the same, the interest rate falls
A bond that you buy for $50 and pays you $5 a year has an interest rate of 10 percent a year
The price of an asset is determined first, then the interest rate is determined
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