Evaluate each of the following statements and say whether it describes a loan, a bond, and/or a stock. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box. a. It implies ownership in the issuing firm. ? Loan ? Stock ? Bond b. Small businesses use these to raise funds for investment. ? Loan ? Stock ? Bond c. This is also known as equity financing. ? Loan ? Stock ? Bond d. We can think of this as a more liquid version of a loan. ? Loan Stock Bond e. It pays some form of interest, and principal is paid at maturity. ? Loan ? Stock ? Bond
