An Institution Was Established on the Greek Island of Léros

question 36

True/False

An institution was established on the Greek island of Léros in 1957 to house some 1,300 people with tuberculosis, who were provided with little food, minimal medical care, and inefficient sanitation.

---

Definitions:

Coupon Rate

The per annum interest yield on a bond, shown as a percentage of its principal amount.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturation date.

Zero-Coupon Bonds

Bonds that do not pay interest during their lifetime but are sold at a discount to their face value, which is paid at maturity.

Zero-Coupon Bonds

Bonds that do not pay periodic interest payments and are issued at a discount to their face value, maturing to its full face value.