1. For an investment that earns 4% interest compounded semi-annually for three years, how many compounding periods are there? A. B. C. D. 48 24 12 6 2. When an annuity is received at the end of each period, it is called a(n): A. B. C. D. A. B. C. D. annuity due. deferred annuity. ordinary annuity. yearly annuity. 3. Unrealized holding gains or losses which are recognized in other comprehensive income (OCI) are from debt securities classified as trading. held-to-maturity. available-for-sale. none of these answer choices are correct