16 4 points Which of the following is incorrect? Choose all that are incorrect. You can determine an annuity amount using the PMT function as follows: PMT (rate, nper, pv, fv, type). When you solve for an interest rate in a lump sum problem using the RATE function, the pmt argument must be set to a non-zero value. When you solve for the present value of an ordinary annuity, the type argument must be always 1. You can use the NPER function to determine the number of periods that it takes for the present value to grow into a specific future value: Question 17 4 points Suppose that the price of the U.S. Treasury bond is $690. Payments will not be made until the bond matures 6 years from now, at which time it will be redeemed for $1,250. Which of the following formula calculates the interest rate you would earn if you purchased this bond at the offer price? Save Arisin B 1 Current price 690 2 Value redeemed 1,250 6 3 Years to matnurity 4 ORATE(B3, -81,0,82,0,0) O-RATE(B3,0,- B1, B2,0,0) ORATE(B3, B1,0, B2,0,0)) O-RATE(B3.0, B1, B2,0,0)