Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.5 Annuities, Methods of Saving, and Investments - Exercise Set 8.5: 9

Answer

False

Work Step by Step

The original statement is false. People who buy stocks are purchasing shares of ownership in a company. People who buy bonds are lending money to the company.
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