Regarding Race and Class, Which of the Following Is True

question 126

Multiple Choice

Regarding race and class, which of the following is true?

• A) Blacks have less wealth than whites, Asians, and Latinos.
• B) Latinos have been unable to move into the middle class.
• C) Racial minorities do not aspire to be part of the middle class.
• D) The race-class debate has largely been concluded.

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Definitions:

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date at a predetermined call price.

Required Rate Of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put money into a particular security or project.

Reinvestment Rate Risk

Reinvestment Rate Risk is the risk that the returns from reinvesting cash flows will be lower than initially anticipated due to changes in interest rates.

Annual Interest Payment

The total amount of interest paid on a bond or loan over the course of a year.