JAMB Commerce 2012 Objective — Question 36

Question 36 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2012 Objective paper, with the correct answer and a full explanation.

Securities that entitle the investor to coupon rates are

A. bondsCorrect
B. equities
C. treasury bills
D. shares

Explanation

Bonds are government financial instrument that has coupons quoted on it. This coupon serves as the interest for other financial instruments.

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