Which of the following are IOUs issued by corporations that entitle investors to receive interest payments?
A) mutual funds
B) government bonds
C) T-bills
D) corporate bonds

Question

Quizplus · Accepted Answer

Corporate bonds are IOUs issued by corporations that entitle investors to receive interest payments. Mutual funds are investment vehicles that pool money from multiple investors to invest in various securities. Government bonds, specifically Treasury bills (T-bills), are IOUs issued by the government that are sold at a discount and redeemed at full value at maturity. While these investments may also pay interest, they are not specifically issued by corporations.

Which of the Following Are IOUs Issued by Corporations That