During the Miocene, the Drifting of ___________ Away from Antarctica

question 59

Multiple Choice

During the Miocene, the drifting of ___________ away from Antarctica significantly altered ocean currents.

• A)Southeast Asia and Australia
• B)South America and Australia
• C)South America and Africa
• D)Australia and Africa
• E)Atlantis and Pangea

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Definitions:

Dividend Payout

The portion of a company's earnings paid to shareholders as dividends, often expressed as a percentage of the company's total earnings.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Hedge Ratio

The ratio of the size of a position in a hedging instrument to the size of the position being hedged, intended to minimize risk.