During What Period in the Twentieth Century Did Major International

question 48

Multiple Choice

During what period in the twentieth century did major international powers focus more on security around the world than on the promotion of democracy?

• A) The Great Depression
• B) The Gilded Age
• C) The Civil Rights era
• D) The Cold War

---

Definitions:

Effective Interest Method

An accounting practice for amortizing the discount or premium on bonds payable or receivable, which reflects the actual interest rate the bond earns.

Bond Discount

The difference between the selling price of a bond and the bond’s face value when the bond is sold for less than par.

Coupon Rate

The rate of interest a bond pays annually, calculated as a percentage of its face value.

Call Feature

A provision in a bond agreement or other loan instrument that allows the issuer the option to repay the borrowed funds prior to the security's maturity date under specified conditions.