Question 38 Which of the following represents a secondary market transaction? An investor buys an initial public offering IPO) stock issue from an investment banker Kristyses GM Stock to a coworker. Your mother buys 100 shares of a new issue of Berkshire Hathaway stock To raise interest rates, the Federal Reserve sets U.S. Treasury bonds to investors. D Question 39 Everything else equal, which of the following would increase the present value (PV) of a lump-sum amount to be received at some future date? The amount to be received in the future is decreased. The compounding of interest is changed from annually to monthly The amount to be received decreases The date on which the future amount will be paid is delayed one year ie, the amount is paid one year later). The opportunity cost rate for everyone decreases