If Earth Did Not Spin on Its Axis, the Northeast

question 10

Multiple Choice

If Earth did not spin on its axis, the northeast trade winds would blow from the

• A) northeast.
• B) south.
• C) north.
• D) east.
• E) southwest.

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Definitions:

Coupons

The interest payments made to bondholders, typically on an annual or semi-annual basis.

Yield-to-maturity

The total return anticipated on a bond if it is held until the end of its lifetime, taking into account both interest payments and capital gains or losses.

After-tax Rate

The rate of return on an investment after accounting for taxes, giving a more accurate reflection of the actual take-home returns.

Marginal Tax Rate

The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the tax rate you would pay on one additional dollar of income.