Question2

Fixed-interest investments have the following characteristics:

Select one:

a.Interest is usually paid on a regular basis, but with some investments, the interest amount is factored into the final payment and offered as a discount security or with accumulated interest paid on maturity.

b.They cannot be traded on the secondary market before their maturity if an investor needs to convert their investment to cash.

c.They pay dividends

d.They are not subject to credit risk.