4. What is a tangible asset? List at least 2 examples. Something you can touch Gold, Silver, Real Estate, Machinery, Works of Art
5. What is a bond? All of the above An agreement between governments. IOUs that are meant to be repaid within a specific time period. A defined benefit. Ownership in a corporation.
6. Bonds Interest Hedging Entrepreneur Productivity Inputs versus outputs Reducing risks Interest Bearing Security The cost of borrowing Takes a risk for profit Match the term to the definition