question 17 and 18

An un approved prospectus iscloses information approved by the SEC an investor when a security is sold for the first time 16. Interest rates and stock prices move: a. Randomly exhibiting no causal relationship e. In opposite directions c. Up and down together d. None of the above arried out in 17. After the initial sale of a security, subsequent sale s between investors are c the: a. Stock market b. Financial market c. Secondary market d. Primary market 18. If th e present value of given sum is equal to its future value, then: a. The discount rate must be very high b. There is no inflation c. The discount rate must be zero d. None of the above . The annual effective rate of interest is a function of: The annual nominal rate of interest The number of compounding intervals per year a. h