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The following is true of financial assets: a. Companies issue financial assets in order to raise capital (money). b. Investors purchase financial assets in order
The following is true of financial assets:
a. | Companies issue financial assets in order to raise capital (money). |
b. | Investors purchase financial assets in order to earn a return on funds they don't currently need. |
c. | They differ from real assets in that they are pieces of paper as opposed to physical objects. |
d. | All of these are true. |
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