Why Are Metal Ores So Valuable

question 139

Multiple Choice

Why are metal ores so valuable?

• A)They are sources of naturally occurring gold.
• B)Metals can be efficiently extracted from them.
• C)They tend to occur in scenic mountainous regions.
• D)They hold many clues to Earth's natural history.

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Definitions:

Yield To Maturity

The expected rate of return on a bond if held until its maturity date, reflecting both interest payments and any gain or loss if the bond was purchased at a discount or premium.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuer's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.

Coupon Rates

The interest rate stated on a bond when issued, which represents the annual interest payment divided by the bond's face value.

Coupon Interest Rate

The rate at which a bond issuer agrees to pay interest to the bondholders, usually expressed as an annual percentage of the face value of the bond.