From an individual consumer's point of view, mortgages and bonds are:
A)abstract commodities without practical value.
B)identical.
C)largely speculative.
D)dependent on present value calculations.

Question

Quizplus · Accepted Answer

Mortgages and bonds both involve present value calculations, which are important for individual consumers when considering their affordability and potential return on investment. While mortgages involve borrowing money to purchase property, bonds involve lending money to an organization and receiving interest payments in return. Both involve calculating the present value of future payments or streams of income.

From an Individual Consumer's Point of View, Mortgages and Bonds