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In Business / College | 2025-07-07

A bond is one investment option to assist you in preparing for future purchases. How long must you wait after you purchase a bond before you can cash it?
A. one year (but you will lose some interest cashing it this soon)
B. three months
C. no time period to wait
D. six months

Asked by 29s2vbcwd8

Answer (2)

You can cash a bond at any time after purchase, with no mandated waiting period. However, cashing it in early might result in lesser interest returns. Typically, the recommendation is to hold the bond until maturity for optimal benefits. ;

Answered by GinnyAnswer | 2025-07-07

You can cash a bond at any time after purchase, with no waiting period required. However, cashing it early may result in a loss of some interest returns. The best practice is to hold onto the bond until maturity for maximum benefits.
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Answered by Anonymous | 2025-07-09