One of the Major Objectives of the World Bank Is

question 40

Multiple Choice

One of the major objectives of the World Bank is to

• A)provide financial backing for the United Nations.
• B)maximize its profits for its worldwide shareholders.
• C)provide technical assistance to DVCs.
• D)maintain stable exchange rates in IACs and DVCs.

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date.

Bond B

A reference to a specific bond investment, often denoted for classification or tracking purposes.

Current Yield

The annual income (interest or dividends) divided by the current price of the security, often used in assessing bonds and other fixed-income investments.

5 ½% Bond

A bond that pays a 5.5% interest rate to its holders, typically annually or semi-annually.