Determine which financial asset is described in each scenario. caleb has completed a prototype garlic-peeling device that he hopes to sell to the public. caleb decides to have his startup issue securities that offer buyers the promise to pay aspecified amount of interest each year plus the principal in five years. audrey wants to buy a new car but does not have enough cash. she gets funding fromher local bank with the promise that she will make monthly payments for the nextthree years to repay the original amount lent to her plus 6% interest. lyle and shane start a business selling pencil sharpeners to elementary schools. theircompany becomes an instant success, and they decide to allow people to start buyinga small share of their company. this gives individuals who buy shares the right to votein company decisions and a small percentage of the profits. rand capital corporation, a financial industry conglomerate, pools together severalhundred home mortgages and sells shares in them to groups of investors. however, many investors decide against this option because of the risk involved and thedifficulty of assessing the quality of such a large number of individual mortgages. jack decides to build a chateau in the mountains of colorado and operate it as a skiresort. he secures funding from a local commercial bank after discussing his businessplan with the bank. he promises to pay back the principal plus interest over the next20years.