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kirill115 [55]
3 years ago
13

Leonardo DaVinci used movement and perspective in his work. Machiavelli's "The Prince" advised rulers on how to gain and maintai

n power. Humanist scholars examined worldly subjects and classical culture. Which period is associated with the above statements?
A. French Revolution.
B. Renaissance.
C. Early Middle Ages.
D. Enlightenment.
History
1 answer:
galben [10]3 years ago
7 0
The correct answer is c
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The correct statement is," Bonds benefited the citizens who purchased them in a way that the government repaid the bond purchasers with interest." The correct option is D.

Bonds are such securities issued by the government or any other body to procure or raise funds, and interest is payable on them at a predetermined fixed interest rate.

<h3>Bond instruments </h3>

  • Bonds are an instrument issued by a borrower to the public who subscribe to them as a token of proof that the borrower has raised such amount from the investor, payable at a fixed time period.

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  • Bonds may be issued by a Government or any other corporate body to raise funds for a specific purpose, which is payable at a fixed rate of interest predetermined at the time of issue of such securities.

Hence, the correct option is D that the government benefits the purchaser of bonds in the way of repaying such bonds with interests to its subscribers.

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