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

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.

borrow money from the government then pay the government back 5k

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