Financial securities that represent promises to repay a specified amount of money at a particular point in the future are
A) bonds.
B) stocks.
C) commodities.
D) mutual funds.

Question

Quizplus · Accepted Answer

Bonds are financial securities that represent a loan made by an investor to a borrower (typically corporate or governmental). They include the promise to repay the principal amount at a future date and periodic interest payments.

Financial Securities That Represent Promises to Repay a Specified Amount