Judging by the Previous Strategies Followed by the Tang and Song

question 27

Multiple Choice

Judging by the previous strategies followed by the Tang and Song emperors of China in dealing with northern barbarians, when faced with the Mongol threat, one would have expected the Song to resort to

• A)seeking military assistance from the caliphs at Baghdad.
• B)recruiting a powerful army of mercenaries to defend their realm.
• C)relying on Japanese samurai to ward off the Mongol threat.
• D)playing off another steppe land ally against the Mongols.
• E)retreating farther south into China.

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Definitions:

Retention Rate

A metric indicating the percentage of earnings not paid out as dividends but retained by the company for reinvestment.

Plowback Ratio

The proportion of the firm’s earnings reinvested in the business (and therefore not paid out as dividends). The plowback ratio equals 1 minus the dividend payout ratio.

Expected Growth Rate

The anticipated rate at which an investment, economy, or other financial entity will grow over a certain period.

Rate of Return

The outcome in terms of profit or loss on an investment over a designated period, presented as a percentage of the investment’s first cost.