13. You received a $100 savings account earning 4% on your 15th birthday. How much will you have in the account on your 18th birthday if you don't withdraw any money before then? A $112.49 B. $114.79 C. $115.58 D. $116.99 E. None of the above 14. Which of the following statements is incorrect? A When interest rates fall, bond prices rise. B. Long term bonds are riskier than short term bonds, holding everything else constant. C. A convertible bond can be converted into a specified number of common shares of the issuer before the bond expires. D. A callable bond can be redeemed before maturity by the issuer. E. Bonds always trade at their par values. 15. A convertible bond currently sells for $750. The bond can be converted into 10 common shares each currently trading for $100. Holding everything constant, should you convert? A. No, because you will lose $250. B. No, because you will lose $750. C. Yes, because you will gain $250. D. Yes, because you will gain $150