A Bond Is an Instrument That Allows the Bearer to Earn

question 147

Multiple Choice

A bond is an instrument that allows the bearer to earn interest.The bearer would be best described as

• A) a demander of loanable funds.
• B) a supplier of loanable funds.
• C) a financial intermediary.
• D) one who borrows.
• E) both a financial intermediary and a borrower.

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