Which of the following of these financial market terms is least like the others?Group of answer choicesbondsmutual fundsIPOS&P 500stocks
Question
Solution 1
The term that is least like the others is "S&P 500". Here's why:
Bonds: These are debt securities, similar to IOUs. When you purchase a bond, you are lending money to the issuer in exchange for periodic interest payments and the return of the bond's face value when it matures.
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