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In each of the following examples, name the financial product being described.      a. A family...

In each of the following examples, name the financial product being described.

     a. A family borrows money to pay for a house: (Click to select) Mortgage, Stock, Bond.

     b. A new tech start-up offers investors the ability to purchase a small part of the company to raise needed capital: (Click to select) Stock, Mortgage, Bond.

     c. The Canadian government offers to pay investors a 3 percent return rate next year if they finance its debt today: (Click to select) Bond, Mortgage, Stock.

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Answer #1

Answer a : Mortgage is the correct option.It means that loan amount has been taken for purchasing a new house.

Answer b : Stock is a correct option. It means that new tech companies purchases small part of company has done an investment.

Answer c : Bond is a correct option.It means that investment in the Canadian bond and received a fixed rate of interest.

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