Jeff Goldblum has just purchased a security which has no maturity date and no promised dividend payments.He can recoup his investment by either selling the security to another individual.What type of security did Jeff purchase?
A)Stock option
B)Corporate bond
C)Government bond
D)Dividend
E)Common stock

Question

Quizplus · Accepted Answer

Common stock does not have a maturity date and does not guarantee dividend payments. Investors can make money by selling the stock at a higher price than they bought it.

Jeff Goldblum Has Just Purchased a Security Which Has No