Question: Ray recently purchased $ 7 5 , 0 0 0 in corporate bonds issued by Price, Inc. and sold through Fidelity Investments. Which of the
Ray recently purchased $ in corporate bonds issued by Price, Inc. and sold through Fidelity Investments. Which of the following statements is NOT true about Ray's investment?
As a bond holder, Ray has an ownership interest in Price, Inc.
The bonds Ray purchased have a fixed maturity date.
Even if Price doesn't turn a profit, Ray is guaranteed a return on his investment.
Ray purchased the bonds for less than their face value.
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