In Order to Preserve Area at High Latitudes on a Map,________

question 85

Multiple Choice

In order to preserve area at high latitudes on a map,________ must be used,and this requires that meridians and parallels ________.

• A)shearing cross at right angles
• B)shearing not cross at right angles
• C)tangent lines cross at right angles
• D)tangent lines do not cross at right angles

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Definitions:

Callable

A bond or other financial security feature that allows the issuer to buy back the security before its maturity date.

Value Weighted Average

A method of calculating an average where each data point is weighted according to its value, commonly used in financial indexes to represent market trends.

Duration

An indication of how sensitive the price of a bond or similar debt security is to shifts in interest rates, often measured in years.

Substitution Swap

A Substitution Swap is a strategy in fixed-income markets where an investor exchanges one bond for another with similar features but more attractive terms.