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MMLU-Pro / 5269 / Which of these is true of equity but not of bonds?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Which of these is true of equity but not of bonds?

category

other

options

  1. They can be issued by firms.
  2. They can be traded on the secondary market.
  3. They have a fixed interest rate.
  4. They cannot be traded on the secondary market.
  5. Their payouts are exempt from corporation tax.
  6. They are considered a form of debt.
  7. Their payouts (i.e. dividend or coupons) are made after corporation tax has already been deducted.
  8. They are issued by government entities.
  9. Their payouts (i.e. dividends or coupons) are made before corporation tax has been deducted.

src

ori_mmlu-professional_accounting

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Source and history

Official source

initial import