In the "Iran-Contra" Scandal

question 29

Multiple Choice

In the "Iran-contra" scandal,

• A) Contrary to Congressional restrictions, the White House secretly continued to funnel money to the forces fighting the Sandinistas in Nicaragua
• B) The CIA had secretly funded the government of Ayatollah Khomeini for five years.
• C) The CIA had been providing money and arms to the Sandinistas.
• D) Iran was shipping missiles to Nicaragua to support the Contras.
• E) None of these choices.

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Definitions:

Forecasts Of Interest Rate

Predictions about future interest rates based on current economic indicators and financial market trends.

Rate Anticipation Swap

A financial derivative strategy used by investors who anticipate changes in interest rates, involving swapping one set of cash flows for another.

Bond Swap

A strategy that involves selling one bond and using the proceeds to purchase another bond, typically to improve yield or extend maturity.

Yield To Maturity

The total return anticipated on a bond if held until it matures, including all interest payments and the repayment of principal.