Use this information to answer the tollowing question Periods Present Value of S1 at 7% Present Value of Ordinary Annuity of $1 at 7% 0 935 0.935 2 0.873 3 0.816 1.808 2624 Assuming 7% interest compounded annually, what amout must be deposited today so that $600 may be withdrawn at the end of three years? OA. $600.00 OB. $489.60 O c. $1,800.00 O D. $1,574 40 If a bond with a face value of $1,000 and a stated interest rate of 7 percent is issued at par, the market interest rate at the date of ssuance must have been A. more than 7% OB. exactly 7% C. less than 7% 0 D. impossible to determine