Question 8 Not yet Your friend Marvin heard about a wonderful new company which has scheduled an IPO (Initial Public Offering) and he is planning to switch all of his retirement funds into this cool IPO. Given that the market is efficient you should Marked out of 2.00 Flag question Select one: O a Move all of your retirement funds to this IPO as well. O b. Unlike Marvin and delete his number from your cell phone because he didn't tell you sooner. O c. Explain to Marvin that this it is risky to invest all his retirement in a single stock and that the market is likely prepared and will fairly price the IPO... Le no extraordinary gain is likely O d. As this in a primary market transaction you should advise Marvin that it is illegal Question 10 The Statement of Stockholder's Equity is NOT a required financial statement for corporations Not yet answered Select one Marked out of 200 True Flag question O False Question 17 What is the Present Value of a $10,000 payment in 10 years when the discount rate is 8%? Not yet answered Select one: Marked out of 13:00 a $21589 6. $4,632 Flag question OC. $8.000 d. $10,000 Question 18 What is the present value of a $300,000 payment in 5 years when the discount rate is 10%? Not yet answered Marked out of 3.00 Select one O a $186,270 O b. $1,137,240 Flag question O c. $483,150 O d. $300,000 O e. $170,220