Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. bank f charges an interest rate of 5.7%, compounded monthly, and requires that the loan be paid off in eight years. bank g charges an interest rate of 6.2%, compounded monthly, and requires that the loan be paid off in seven years. how would you recommend that yvette choose her loan?

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.