The Following Is an Excerpt from an Account of a Speech

question 64

Multiple Choice

The following is an excerpt from an account of a speech given by the English rebel leader John Ball in the 1360s (Thinking Like a Historian) : "My good friends, matters cannot go on well in England until all things shall be in common; where there shall be neither vassals nor lords; when the lords shall be no more masters than ourselves. How ill they behave to us! For what reasons do they thus hold us in bondage? Are we not all descended from the same parents, Adam and Eve? When Adam delved and Eve span, who was then the gentleman? What reason can they give, why they should be more masters than ourselves? . . . Let us go to the King and remonstrate with him; he is young, and from him we may obtain a favorable answer, and if not we must ourselves seek to amend our condition."
Based on the evidence provided by this passage, John Ball was determined to

• A)murder all lords and princes.
• B)fight for social and economic equality.
• C)put an end to monarchy in England.
• D)force the Roman Catholic Church out of England.

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Definitions:

Price Sensitive

Characteristic of information or news that could influence the price of securities if it were made public.

Zero-Coupon Bond

A type of bond that does not pay interest during its life but is sold at a discount from its face value and redeemed at par at maturity.

Immunization Strategies

Financial strategies used to shield a bond portfolio from the effects of interest rate fluctuations by balancing the duration of assets and liabilities.

Interest Rate Sensitivity

The degree to which the value of an investment, particularly fixed-income securities, changes in response to variations in interest rates.