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True or false: When you receive a savings bond worth $100, you can cash it for $100 right away.

2 Answers

3 votes

Answer:

false

Step-by-step explanation:

User Epifanio
by
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1 vote

Answer:

The correct answer is False.

Step-by-step explanation:

A savings bond is a bond that offers a fixed interest rate that applies for a specified period, so it cannot be collected before that time is up. People find these bonds very attractive. These bonds are not easily transferable and are not negotiable.

Have a nice day!

User Pawelmysior
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5.6k points