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.
- Bonds generally are beneficial as they are comparatively secured investments than the equities and debts and give more interest than any bank deposits or saving accounts.
- 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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European exploration, exploration of regions of Earth for scientific, commercial, religious, military, and other purposes by Europeans, beginning about the 4th century BCE.
The motives that spur human beings to examine their environment are many. Strong among them are the satisfaction of curiosity, the pursuit of trade, the spread of religion, and the desire for security and political power. At different times and in different places, different motives are dominant. Sometimes one motive inspires the promoters of discovery, and another motive may inspire the individuals who carry out the search.
5:120-121 Exploring: Do You Want to Be an Explorer?, Ferdinand Magellan & ship; ugly fish, sharks, etc.; ship sails through a channel; Cortes discovers Aztec Indians; pyramids, floating island homes, corn