Question 5 4 pts All of the following are equity securities except rated bonds common stock O preferred stock Onone of these are equity securities Question 6 4 pts A series of equal payments or receipts that occur at the end of each of a number of time periods is referred to as: O an annuity due O an extraordinary annuity a deferred annuity an ordinary annuity Question 7 4 pts Your current bank is paying 6.25% simple interest rate. You can move your savings account to Harris Bank that pays 6.25% compounded annually or to First Chicago bank paying 6.25% compounded semi-annually. To maximize your return you would choose: Harris Bank You are indifferent, because the effective interest rate for all three banks is the same O your current bank First Chicago Bank Question 8 4 pts A bond's value will be below its maturity value of $1000 if it pays interest of $100 per year and investors require a rate of return of, all other things being equal: exactly 10% either less than or greater than 10% less than 10% O higher than 10%