Which of the following is NOT correct? Multiple Choice Cash flows occuring in different periods should not be compared unless the flows have been discounted to a common date. Other things being equal, the more frequent the compouding period, the higher the APR The arguement that 100 dollars today worth more than 100 dollars one year from now is correct only when interest rate is positive. Other things being equal, the more frequent the compouding period, the higher the EAR Which one of the following arguments is correct? Help Save & Exit Submit Multiple Choice NEW YORK STOCK EXCHANGE (NYSE) is NOT considered as financial markets. Investment banks raise money from depositors and make loans to Individuals and businesses. An individual can save and invest in a corporation only by purchasing additional shares. Mutual funds provide small investors with low-cost diversification Help Save & Exit If you earn 8% per year on your bank account, how long will it take an account with $250 to triple to $750? (8% is annual interest rate and given annual compounding) Submit Multiple Choice 14.27 years 10.27 years 15.89 years 12.58 years