Which of the following is a characteristic of stock?

a. Stock represents a promise to repay a fixed amount of funds.
b. The face value or principal plus interest is repaid at a specified period of time.
c. The length of coupon payments is fixed by the stated maturity period.
d. Stock represents ownership in a firm

Explanation: Stock represents ownership in a firm. It is the capital raised by a company through the issuance of shares--a financial instrument that shows that an individual owns a part of a company that provides the benefit of limited liability (the liability of an owner or a partner of a company fr no more capital than the have invested). A stock is also known as equity and is a security that represents the ownership of a fraction of a firm.

ayfat23 ayfat23 · Answer 2 · 2021-12-03T11:34:49+01:00

Statement that explains the characteristic of stock is D:Stock represents ownership in a firm

A stock can be regarded as a security which gives the representation of the ownership of a fraction of a corporation.

It can be called equity, and this makes the owner of the stock to be entitled to proportion of the corporation's assets as well as profits.

Therefore, option D is correct.

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