Dexter Invests in Adderson & Lipton Co

Multiple Choice

Dexter invests in Adderson & Lipton Co., a local bank in Arizona. He makes an investment that will reach maturity after a fixed term of two years. Dexter will regularly receive an interest on his investment, and this interest will be substantially higher than the interest he receives on the savings account he has in the same bank. In the context of financial securities, Dexter has invested in _____.

A) corporate stocks
B) government securities
C) certificates of deposit
D) corporate bonds