The text discusses several types of bonds.Which bond is purchased at face value and has two components to the rate of interest earned-a fixed rate as well as a rate that adjusts twice a year for inflation?

Question

Quizplus · Accepted Answer

Series I bonds are purchased at face value and have two components to the rate of interest earned- a fixed rate and a rate that adjusts twice a year for inflation. This makes it a good choice for investors looking to protect their savings from inflation.

The Text Discusses Several Types of Bonds