1. How much would $10 invested today, growing at 13.7% per year,
be worth at the end of 75 years (rounded to the nearest $)?
A. $176,205
B. $152,067
C. $151,359
D. $133,534
E. $183,704
2. The risk that interest rates will increase and lead to a
decline in the prices of outstanding bonds is called "reinvestment
rate risk."
A. True
B. False
3. An organization that underwrites and distributes new
investment securities and helps businesses obtain financing is a...