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6. Which of the following can be described as involving direct finance? A) A corporation issues new shares of stock. B) People buy shares in

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6. Which of the following can be described as involving direct finance? A) A corporation issues new shares of stock. B) People buy shares in a mutual fund. c) A pension fund manager buys a short-term corporate security in the secondary market D) An insurance company buys shares of common stock in the over-the-counter markets. INTERNATIONAL UNIVERSITY MAARIF SCHOOLS OF NEW YORK OF ALBANIA VI TIRANA 17. If $29,768 is the amount payable in two years for a $20,000 simple loan made today, the interest rate is A) 5 percent. B) 10 percent C) 22 percent. D) 25 percent

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