Between 250,000 and 1 Million Taínos Were Killed When the Spanish

question 55

Multiple Choice

Between 250,000 and 1 million Taínos were killed when the Spanish came due to:

• A) Superior Spanish firepower
• B) The Native Americans' lack of immunity against smallpox
• C) Military raids from a Spanish-Carib alliance
• D) A blight on the potato harvest in the 1510s

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Definitions:

Securitization

The process whereby financial instruments that were previously thinly traded are converted to a form that creates greater liquidity. Securitization also applies to the situation where specific assets are pledged as collateral for securities, and hence asset-backed securities are created. One example of the former is junk bonds; an example of the latter is mortgage-backed securities.

Warrants

Financial instruments that give the holder the right, but not the obligation, to buy shares of a stock at a specified price before the warrant expires.

Convertibles

Securities, such as bonds or preferred shares, that can be converted into a specified number of common shares at the holder's discretion.

Underlying Stock

An underlying stock refers to the equity security upon which derivative securities, such as options and futures, are based.