Problems Associated with Gemstones and Precious Metals Such as Gold

question 23

Multiple Choice

Problems associated with gemstones and precious metals such as gold and diamonds would not be attributed to which of the following?

• A)They are often used to finance violent civil wars.
• B)They are often used to finance terrorism.
• C)Their extraction often involves slave labor and torture.
• D)Their extraction often involves environmental destruction.
• E)Their distribution to developed nations is often banned.

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Definitions:

Market Interest Rate

The prevailing rate at which borrowers and lenders agree to transact in the financial markets.

Coupon Interest Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value, and paid periodically until the bond matures.

Premium

Premium can refer to the amount paid for insurance coverage in excess of the face value or to the additional amount paid over the nominal or par value of a security.

Operating Line of Credit

A flexible loan from a bank that allows a business to borrow up to a certain limit to support its operational expenses.