Erica Invests $5,000 in Five ABC Corporation Bonds That Mature

question 48

Multiple Choice

Erica invests $5,000 in five ABC Corporation bonds that mature in 10 years. Unexpectedly just the week after she invests, she has the opportunity to work abroad, which she has always wanted to do, but she needs cash. Which of the following most likely applies to Erica?

• A) She can immediately sell the bonds for $5,000 plus interest for the week.
• B) She is out of luck. She must keep the bonds for the full 10 years.
• C) She may immediately sell the bonds but it is unclear how much money they will sell for.
• D) She will be able to sell the bonds immediately on the primary market.

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Definitions:

Cancer Risk

The probability of developing cancer, influenced by genetic, environmental, and lifestyle factors.

Alcohol

A mood-altering chemical frequently found in drinks such as beer, wine, and liquor, known for its ability to change one's mood and actions.

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The process by which normal cells undergo mutations and changes, leading to the uncontrolled growth and division that characterizes cancer.

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Contamination of the environment, including air, water, and soil, caused by industrial activities.