Just as the Kingdoms of West Africa Were Linked to the Wider

question 70

Multiple Choice

Just as the kingdoms of west Africa were linked to the wider world by trans-Saharan trade,the kingdoms of east Africa were linked mainly by

• A) Egyptian trade.
• B) Indian Ocean trade.
• C) trans-Atlantic trade.
• D) south African trade.
• E) Persian Gulf trade.

Calculate yield-to-maturity and current yield for different bonds.

Understand the concepts of bond pricing, including factors influencing bond prices.

Describe the concept and strategies of bond investment, including bond laddering.

Explain the significance of bond maturity dates and their impact on bond investments.

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Definitions:

Convertible Preferred Stock

A type of preferred stock that holders can convert into a predetermined number of common stock shares, usually at any time after a pre-established date.

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.

Market Value

Market value refers to the present cost at which a service or asset is available for purchase or sale in a market.

Common Stock Option Warrants

Financial instruments that give the holder the right to purchase a company's common stock at a specified price within a certain time period.