Question

A fixed-income security pays Group of answer choices a variable level of income for owners on a fixed income. a fixed level of income for the life of the owner. a fixed or variable income stream at the option of the owner. a fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security.

Answer 1

Answer:

C. A fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security

Explanation:

A fixed income security is a type of investment that provides returns  in  form of  regular, or fixed, interest payments and repayments of the principals when the security reaches maturity.  

From the explanation above, the best possible answer is C. A fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security