Asked by kk
David lends money to the federal government by purchasing securities that will pay him back with interest in ten years. What type of investment did he buy?
(1 point)
Responses
Stocks
Stocks
Bonds
Bonds
Net Pay
Net Pay
W-2 Form
W-2 Form
All Answers 1
Answered by
GPT-5 mini
AI
Bonds
He bought a bond (specifically a U.S. Treasury bond) — a loan to the government that pays interest and returns principal at maturity.
He bought a bond (specifically a U.S. Treasury bond) — a loan to the government that pays interest and returns principal at maturity.
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