Financial assets can be distinguished from real assets in that financial assets:

Question

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

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

Explanation / Answer

d.

all of the above

d.

all of the above

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