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The term "buying a bond" is misleading because: a. Bonds are not-(Answered)

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Question

The term "buying a bond" is misleading because:

a.

Bonds are not available to the general public

a.

Bonds are not available to the general public

b.

A bond can only be bought with assets other than money

c.

Bonds represent a debt relationship so a bond buyer is actually lending money

d.

Bonds are not owned, only held in trust for a buyer's beneficiaries

 

Paper#9210015 | Written in 27-Jul-2016

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