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Question 27 2 pts John and Sarah are both doing a present value calculation. They...

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Question 27 2 pts John and Sarah are both doing a present value calculation. They both enter the same values for n and FV. But John got a lower present value. This means he used: a smaller value for i a larger value for i The value he used for i has nothing to do with the different present value that he got. Question 24 2 pts In the world of investments, equities refers to: 1. bonds II. common stock NONE of the choices Il only BOTH I and 11 I only Question 21 2 pts To earn a higher rate of interest, you decide to invest in an unsecured bond rather than secured one. An unsecured bond is also known as a; zero-coupon bond muni bond debenture TIPS NONE of the choices

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