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Principal Financial Group IT Applications Analyst - Lead Interview Question

I interviewed in Des Moines, IA and was asked:
"Define a Fixed Income asset."
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Part of a IT Applications Analyst - Lead Interview Review - one of 51 Principal Financial Group Interview Reviews

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A Fixed Income asset is an investment vehicle preferred for it's namesake; a fixed income or steady payment. It's known for historically less risk than equities.

- Interview Candidate on Jun 26, 2012

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