Question 6 1 pts Ms. Walters want to have $215,000 annual income every year for the next 23 years. If she can earn an average rate of return of 4 percent, how much does Ms. Walters need to put down today to have $215,000 annual income every year for the next 23 years? O $3,331,123 O $3,719,342 none of the answers is correct $148,866 $3,194,221 Question 7 1 pts Which of the following statements is incorrect? The secondary markets are not well known to the general public because they are wholesale markets and the sales take place outside of the public view. All the answers are correct except one. If a firm needs to adjust its liquidity position, then it would participate in the money market. Recession occurs when real output from the economy is decreasing and unemployment is increasing If you just purchased a share of IBM through a New York Stock Exchange-based transaction, you participated in a secondary market transaction