Which of the Following Statements Is Most Accurate

question 54

Multiple Choice

Which of the following statements is most accurate?

• A)Canada is slightly smaller in land area than the United States, and its population is only about 10% that of the United States.
• B)Canada is slightly smaller in land area than the United States, and its population is only about 20% that of the United States.
• C)Canada is slightly larger in land area than the United States, but its population is only about 20% that of the United States.
• D)Canada is slightly larger in land area than the United States, but its population is only about 11% that of the United States.
• E)The United States and Canada have almost exactly the same land area, but the population of the United States is double that of Canada.

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Definitions:

Bonds

Fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental.

Interest Accrued

The amount of interest that has accumulated over time but has not yet been paid or charged.

Par Value

The nominal value of a bond or stock as declared by the issuer, which might not represent its actual market value.

Exchange Rate

The price at which one currency can be exchanged for another currency in the foreign exchange market.