The First Southern State to Secede from the Union Was

question 60

Multiple Choice

The first southern state to secede from the Union was

• A) Alabama.
• B) Mississippi.
• C) South Carolina.
• D) Texas.

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Definitions:

Semi-Annually

Occurring twice a year, typically every six months.

Face Value

The nominal or dollar value printed on a security or bond, representing the amount that will be paid back at maturity, not including interest.

Coupon Rate

The interest rate a bond pays each year, shown as a percentage of its face value.

Yield To Maturity

The total return expected on a bond if it is held until the date it matures, including both interest payments and the difference between the bond's current market price and its face value.