Which of the Following States Developed in the Center of Africa

question 79

Multiple Choice

Which of the following states developed in the center of Africa?

• A) Luba
• B) Timbuktu
• C) Marrakech
• D) Ditripoli
• E) Axum

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Definitions:

Convertible Security

A financial investment that can be transformed into a different form, typically bonds or preferred stocks that can be converted into common stock.

Convertible Debenture

A type of bond that the holder can convert into a specified number of shares of common stock in the issuing company.

Conversion Value

The monetary value of a convertible security if it is converted into a different asset, usually shares of the issuing company's stock.

Bond Value

This refers to the present value of a bond's future interest payments plus the face value of the bond when it matures, essentially the price at which a bond is traded.