Question

1. Which one of the following is not a financial asset?

   		A single family home
   		A Common stock
   		A Corporate Bond
   		A Municipal Bond
   		A T-Bill

10 points   

QUESTION 12

1. The revenue stream associated with a bond normally consists of

   		Periodic identical coupon payments
   		Par value every six months
   		Par value at maturity
   		A and C are correct
   		none of the above

Answer 1

1. A single-family home is not a financial asset.

A financial asset is intangible and holds more liquidity as compared to other assets. Most of the financial assets also trade on the financial market.

2. The revenue stream associated with a bond normally consists of-

• Periodic identical coupon payment
• Par value at maturity

Answer - A and C are correct

These are the two main sources of income for a normal bond without any option involved.

Let me know in the comment section in case of any doubt.