A loan made to the government that pays a fixed amount of interest at a certain time is a _____.A.stockB.savings accountC.hedge fundD.bond
Question
Solution 1
The answer is D. bond.
Here's why:
A bond is a type of investment that involves lending money to an entity (typically a corporation or government) in exchange for periodic interest payments plus the return of the bond's face amount when it matures.
A. Stock is a type of security that signifies Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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