Audrey is thinking about an investment that involves buying a written pledge by a corporation to repay a specified amount of money.It also pays interest every 6 months until it matures.What investment is Audrey thinking about purchasing?
A)Common stock
B)Preferred stock
C)Corporate bond
D)Real estate
E)Mutual fund

Question

Quizplus · Accepted Answer

Audrey is thinking about purchasing a corporate bond, which is a debt security issued by a corporation that promises to repay a specified amount of money along with interest payments at fixed intervals (every 6 months in this case) until it matures.

Audrey Is Thinking About an Investment That Involves Buying a Written