Roderick Has Made an Investment in a Credit Union for a Fixed

Multiple Choice

Roderick has made an investment in a credit union for a fixed term of four years. He receives a high interest rate on it. However, because of unexpected financial difficulties, Roderick is forced to cash in before the investment reaches its maturity and ends up incurring a heavy penalty. In the context of financial securities, Roderick has most likely invested in:

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