Asked by Anthony Tortora on Apr 29, 2024
Verified
Morgan wants to purchase a low-risk bond.Therefore,he should buy a government bond.
Government Bond
Securities issued by governments to finance public expenditure, typically with a promise of future repayment and interest payments.
- Familiarize yourself with the array of financial instruments and securities, their associated risks, and the availability of insurance protections.
Verified Answer
RM
Rebecca MeyerMay 05, 2024
Final Answer :
True
Explanation :
Government bonds are generally considered low-risk investments because they are backed by the issuing government, making them a safer option compared to corporate bonds or other types of securities.
Learning Objectives
- Familiarize yourself with the array of financial instruments and securities, their associated risks, and the availability of insurance protections.