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9) What annual percentage rate into al percentage rate (APR) would Rayne need to car if she deposits 51.000 per month eginning one month from

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9) What annual percentage rate into al percentage rate (APR) would Rayne need to car if she deposits 51.000 per month eginning one month from today in order to have a total of $1,000,000 in 30 year? A) 5.9896 B) 6.5596 C) 4.8796 D) 6.1496 50.000 at 10 percent annually mounded interest to be repaid in four annual 10) Jia borrows S50,000 at 10 percent ann annual installments. The actual end-of-year loan payment is A) S10,774 B) 512,500 C) $14,340 D) SI5.773 n adequate amount for retirement if you deposit in today that pays 12 percent per year if you 11) How long would it take for you to save an adequate amount for 50.000 per year into an account beginning one year from today that pays wish to have a total of $1,000,000 at retirement? A) 12.2 years B) 10.5 years C) 14.8 years D) 11.5 years 12) Generally, an increase in risk will result in A) a lower required return or interest rate B) a higher required return or interest rate C) a higher return on investment D) a lower return on investment 13) The is the compound annual rate of interest eamed on a debt security purchased on a given date and held to maturity. A) risk premium B) yield curve C) risk-free rate D) yield to maturity 14) The current yield on a bond is measured by A) the annual interest payment divided by the current price B) the annual interest payment divided by the par value C) the annual interest payment divided by the maturity value D) the annual interest payment divided by the yield to maturity 15) A debenture is A) a bond secured by specific assets that any firm can issue B) a secured bond that is secured by unspecified assets C) a secured bond issued by startup firms D) an unsecured bond that only creditworthy firms can issue

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