expected triation None of these choices correctly completes the sentence, default risk Question 27 1 pts The rate of return earned by an investor who purchases a European-style bond today and holds it until it is paid off is called the Select one or more correct answers. yield-to-maturity capital gains yield coupon rate par yield current yield O premium yield discount yield Question 28 1 pts ard U current yield O premium yield discount yield Question 28 In order to solve for the periodic rate of an ordinary annuity it is necessary Select the single best answer. O to use the base e O to cross-multiply by the PVIFAir.t) O to use trial-and-error O to use the natural log O None of these choices correctly completes the sentence, O to take the 4th root U Question 29 The greater the number of years, all else equal. Select one or more correct answers. the sentence O to take the th root U Question 29 The greater the number of years, all else equal. Select one or more correct answers. the smaller the periodic rate the larger the present value of a lump sum the smaller the future value interest factor None of these choices correctly completes the sentence. the smaller the future value of a lump sum the greater the compounding effect the larger the present value interest factor Question 30 ser Guard the smaller the future value of a lump sum the greater the compounding effect the larger the present value interest factor Question 30 1 pts This afternoon, you deposited $1,000 into a individual retirement account. The account will compound interest at 6 percent annually. You will not withdraw any principal or interest until you retire in forty years. Which one of the following statements is correct? Select the single best answer. The balance in the account will double in value about every three years. The interest you earn six years from now will equal the interest you earn ten years from now. O The total amount of interest you will earn will equal $1,000"(.06)*(40) The future value of this amount is equal to $1,000*(1 + 40).06 None of these choices is the single best answer. The present value of this investment is equal to $1,060. 2 Question 31 The present value of this investment is equal to $1.060. Question 31 Which of the following statements concerning a sole proprietorship are correct? Select one or more correct answers. A sole proprietorship is regulated by the Securities and Exchange Commission. None of these choices is correct. For sole proprietorships, there is no distinction between personal and business income. A sole proprietorship is designed to protect the personal assets of the owner. The profits of a sole proprietorship are subject to double taxation. The owner of a sole proprietorship keeps all the profits. There are very few sole proprietorships remaining in the U.S. today. The owner of a sole proprietorship is personally responsible for all of the business' debts. Question 32 uard