Question: Question 6 (2 points) Whenever a good trades in a competitive market, the price the good trades for determines the value of the good. O

Question 6 (2 points) Whenever a good trades in a
Question 6 (2 points) Whenever a good trades in a competitive market, the price the good trades for determines the value of the good. O True False Question 7 (2 points) If an arbitrage opportunity exists, an investor can act quickly in the hope of making a risk-free profit. O True O False Question 8 (2 points) The present value (PV) of a stream of cash flows is just the sum of the present values of each individual cash flow. O True False Question 9 (2 points) To calculate the future value of an annuity, we divide the annuity formula by the appropriate discount factor. O True False

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