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Financial assets can be distinguished from real assets in that financial assets: a. are pieces of paper rather than tangible, physical objects. b. are not
Financial assets can be distinguished from real assets in that financial assets:
a. | are pieces of paper rather than tangible, physical objects. |
b. | are not intended to provide services like transportation or shelter. |
c. | have value because they provide their owners with claims to future cash flows. |
d. | all of the above |
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