1. What are the five variables that go into calculating TVM problems? Define each one. 2. What happens to a PV if you increase the discount rate? I What is the difference between a series of payments and an annuity? 3. 4. What is the difference between an ordinary annuity and an annuity due? 5 Define a growth rate and a discount rate. What is the difference between the two? 6. If a bond sells at its par value, what does this tell you about the relationship between the coupon rate, the YTM and the current yield? 7. What is a call feature on a bond? 8. What defines an uneven cash flow, and how are uneven cash flows evaluated? 9. What is the correct procedure for deciding between alternative cash flows offered in the future? 10. What adjustments would need to be made if the compounding period changed from annual to monthly? BONUS QUESTIONS FORECASTING: 2.5 points each