The fiture vailue of an ordinary annuity of $1,000 each year for 10 years, deposited at 3 percent, is A) S1I,8o8. B) $11,464 C) $ 8,530. D) $10,000. D) S178.15 less than its par value. A bond with short maturity has less "interest rate risk" than a bond with long maturity when 3. When a bond's requfred return is greater than its coupon interest rate, the bond value will be all other features coupon interest rate, par value, and interest payment frequency--are the same. Concerning the two statements presented above, A) the first statement is True and the second is False B) both statements are True C) the first statement is False and the second is True D) both statements are False 7. The.lower the interest rate the higher the present valus of a future amount The longer the period of time, the higher the present value of a future amount Concerning the two statements presented above, A) the first statement is True and the second is False B) both statements are True C) the first statement is False and the second is True D) both statements are False What is the yield to maturity, to the nearest percent, for the following bond: current pric S904, coupon rate is 11 percent, $1,000 par value, interest paid annually, eight years to mat A) 11 percent B) 12 percent C) 13 percent D) 14 percent Ashley owns stock in a company which has consistently paid a growing dividend over last five years. The first year Ashley owned the stock, she received $1.63 per share and f later , she received $2.89 per share. What is the growth rate of the dividends over the five years? A)?percent B) 11 percent C) 12 percent D) 5 percent