Which of the following is an example of a secondary market transaction? a. Mr. and Mrs. MBA take out a mortgage to buy a house. b. The U. S. Treasury auctions off 2-year Treasury Notes. c. Google institutes a Dutch Auction to sell additional shares of common stock to the public. d. Phil Mickelson instructs his broker to sell his shares of Nike common stock.

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?