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A loan taken out by a government that is repaid in a fixed amount at a specific time is a ____.

A. bond

B. hedge fund

C. stock

D. savings account

Answer :

A. Bond Bonds - Loans to corporations or to the government for a certain period of time, called a term. You earn interest on your loan investment, and at the end of the term, your bond matures and can be repaid to you by the company.

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