The Distinctively Carved Stone Pillars, Used to Mark the Tombs

question 52

Multiple Choice

The distinctively carved stone pillars, used to mark the tombs of Axum kings, are known as

• A) stelae.
• B) mansa.
• C) sasa.
• D) zamani.
• E) ziggurats.

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Definitions:

Zero-Coupon Bonds

Bonds that do not pay periodic interest payments and are issued at a deep discount, maturing at face value.

STRIPS

Separate Trading of Registered Interest and Principal Securities, a type of U.S. government security that allows the separate trading of interest and principal components.

Treasury Notes

Intermediate-term U.S. government debt security with a maturity of 1 to 10 years and pays interest every six months.

Maturity at Issue

The predetermined date when a financial instrument, such as a bond, will come due and the principal is to be paid back to investors.