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 - Page 538: 51


The statement does not make sense.

Work Step by Step

The statement does not make sense. Stocks and bonds are not the same thing. People who buy bonds are lending money to the company while stocks are shares of ownership in a company. Therefore, a person who buys stocks can say that they are a shareholder in the company, but a person who buys bonds cannot say that.
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