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The term buying a bond is misleading because: a. Bonds are not available to the general public b. A bond can only be bought with
The term "buying a bond" is misleading because:
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 |
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