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On January 1, 2021, Cameron Inc. bought 20% of what?

a. Stocks
b. Real estate
c. Bonds
d. Company shares

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User Ambkrish
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1 Answer

5 votes

Final answer:

Cameron Inc. most likely bought 20% of company shares, providing partial ownership in a corporation. The correct option is d.

Step-by-step explanation:

The question pertains to financial instruments that a company can purchase. Based on historical context and business practices, Cameron Inc. could have bought 20% of company shares, which signifies partial ownership of another company. Stocks and shares are often used interchangeably in the context of equity ownership in a company.

Further explanation connects to the broader understanding of corporations, which sell stocks to raise capital and offer ownership stakes, whereas bonds are issued as a form of debt financing. The question seems to be testing an understanding of basic financial instruments and the equity market in a business context. Hence, d is the correct option.

answered
User HexBlit
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