Which of the following is a characteristic of stock?
a. Stock represents a promise to repay a fixed amount of funds.
b. The face value or principal plus interest is repaid at a specified period of time.
c. The length of coupon payments is fixed by the stated maturity period.
d. Stock represents ownership in a firm
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Home » Business » Which of the following is a characteristic of stock? a. Stock represents a promise to repay a fixed amount of funds. b. The face value or principal plus interest is repaid at a specified period of time. c.