Jeff Goldblum has just purchased a security which has no maturity date and no promised payments.He can recoup his investment by either selling the security to another individual or to the issuer,if the issuer ever makes an offer to buy it.What type of security did Jeff purchase?

Question

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Jeff Goldblum purchased common stock, which has no maturity date and no promised payments. The value of the stock can fluctuate based on various factors such as company performance, market conditions, and investor sentiment. He can recoup his investment by selling it to another investor or back to the issuer if the company offers to buy it back. This type of security does not have a set maturity date or promised payments, unlike corporate or government bonds. Stock options and dividends are specific types of securities and do not fit the description given in the question.

Jeff Goldblum Has Just Purchased a Security Which Has No