Which of the Following Is a North American Biome That

question 20

Multiple Choice

Which of the following is a North American biome that has mostly disappeared because of extensive farming of wheat and corn?

• A) chaparral
• B) grasslands
• C) boreal forest
• D) desert
• E) more than one of these

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Definitions:

Duration

The measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often expressed in years.

Coupon Bond

A type of bond that pays the holder interest payments at fixed intervals (usually annually or semi-annually) until the bond matures, at which point the principal amount is repaid.

Interest-Rate Risk

The potential for investment losses that result from a change in interest rates, affecting the value of fixed-income securities inversely.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturation date, accounting for interest payments and the difference between purchase price and par value.