Asked by Colby Hastings on May 14, 2024
Verified
A person buying a ____ is called an investor.
A) bond
B) stock
C) mutual fund
D) All of the above
Mutual Fund
An investment vehicle in which investors contribute to a fund that uses their pooled money to invest in stocks, bonds, and other financial assets. The fund owns the assets, while the investors own shares of the fund.
Investor
A person or organization that invests money expecting to earn financial profits.
Bond
A security reflecting a relatively long-term debt relationship between the issuer (borrower) and the buyer (lender).
- Identify different types of financial assets including stocks, bonds, and mutual funds.
Verified Answer
JN
Jamie NightlingerMay 21, 2024
Final Answer :
D
Explanation :
An investor can purchase any of the options listed, including bonds, stocks, and mutual funds. Therefore, choice D, "All of the above," is the correct answer.
Learning Objectives
- Identify different types of financial assets including stocks, bonds, and mutual funds.