Which of the Following People Purchased the Correct Asset to Meet

question 64

Multiple Choice

Which of the following people purchased the correct asset to meet his or her objective?

• A)Michelle wanted to be a part owner of Mamma Rosa's Pizza,so she purchased a bond issued by Mamma Rosa's Pizza.
• B)Tim wanted a high return,even if it meant taking some risk,so he purchased stock issued by Specific Electric instead of bonds issued by Specific Electric.
• C)Jennifer wanted to buy equity in Honda,so she purchased bonds sold by Honda.
• D)All of the above are correct.

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