Question 21 4 pts Shaun is planning to invest $570 in a mutual fund at the end of each of the next 8 years. If the interest rate were 6% compounded annually, how much his investment be worth after the last annuity payment is made? $5,055.25 O $5,641.56 $5,980.74 w O $6,026.65 Question 22 4 pts A debt backed by some form of specific property is known as: debenture O mortgage bond O subordinated debt O U.S. Government bond O general obligation municipal bond Question 23 4 pts Assume that an investor wishes to purchase a 20-year bond with a maturity value of $1,000 and annual interest payments of $80. If the investor requires 10% return, what is the maximum price she should be willing to pay for this bond? $829.72 $674.45 ws O $761.23 $828.50 Question 24 4 pts Which of the following securities is referred to as hybrid security? O Corporate bonds O Preferred Stock Founder's shares O Growth stock