Question 13 2 pts If an annuity is priced at $900 today, and it will pay an annual benefit, starting one year from today, for 12 years, and the appropriate interest rate is 4%, then the annual payment is: $107.34 $77.19 $95.89 $447.27 Question 15 2 pts Business production opportunities in an economy decline in quality. In response to this, interest rates are likely to (all else equal): decrease increase stay the same Question 16 2 pts The spread between the corporate and Treasury yield curves gets bigger as O corporate bond ratings decrease corporate bond ratings increase time until maturity decreases time until maturity increases