What Was the Significance of Puerto Rico

question 83

Multiple Choice

What was the significance of Puerto Rico?

• A) It was where the Indians revolted and booted out the Spanish.
• B) It was a rare colony that had gold.
• C) It later on broke away from Spain and became an independent nation.
• D) Under the Spanish,it did not allow slavery.
• E) Natives were immune to disease.

---

Definitions:

Unamortized Discount

The portion of a bond's discount that has not yet been amortized or expensed to interest expense over the bond's life.

Par Value

The nominal or face value of a stock or bond as stated by the issuer, which may differ from its market value.

Retirement

The act of leaving one's job and ceasing to work, typically upon reaching a predetermined age.

Gain or Loss

A financial result that occurs when the selling price of an asset differs from its initial purchase cost.