a market.

A$)$ primary

B$)$ secondary

C$)$ tertiary

D$)$ used securities

Secondary markets make financial instruments more

A$)$ solid.

B$)$ vapid.

C$)$ liquid.

D$)$ risky.

What is the present value of $$500\mathrm{.}00$ to be paid in two years if the interest rate is $5$ percent? A$)$ $$453\mathrm{.}51$

B$)$ $$500\mathrm{.}00$

C$)$ $$476\mathrm{.}25$

D$)$ $$550\mathrm{.}00$