Question 2: Explain whether each of the following assets is a financial asset. Refer to Chapter 2 from the Peterson and Fabozzi (2010) text.

1. A certificate of deposit at your local bank
2. A two-bedroom house
3. $50,000 worth of bonds from an airline company
4. Ownership of a copyright to a hit song

Please respond with a answer that has not already been posted on chegg, thank you.