Please Help!!! I can only pay $9.00. Please reply only if you have correct answers.

1) Commercial paper that is sold without the use of an actual paper certificate is known as
A. book-entry paper.
B. finance paper.
C. term paper.
D. dealer paper.

2) Firms exposed to the risk of interest rate changes may reduce that risk by
A. hedging in the commodities market.
B. obtaining a Eurodollar loan.
C. pledging or factoring accounts receivable.
D. hedging in the financial futures market.

3) All of the following are benefits of commercial paper to the corporation EXCEPT:
A. they are less risky
B. it is often issued at below the prime interest rate
C. they provide prestige
D. there are no compensating balance requirements

4) A firm has invested in corporate bonds; it may engage in a financial futures contract in order to protect itself from
A. inflation.
B. declining interest rates.
C. changes in hedging activities.
D. rising interest rates.

5) Dr. J. wants to buy a Dell computer which will cost $2,788 four years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 7% annual return. How much should he set aside?
A. $823.15
B. $697.00
C. $531.81
D. $627.93

6) As the time period until receipt increases, the present value of an amount at a fixed interest rate
A. increases.
B. decreases.
C. Not enough information to tell.
D. remains the same.

7) You are to receive $12,000 at the end of 5 years. The available yield on investments is 6%. Which table would you use to determine the value of that sum today?
A. Present value of $1
B. Present value of an annuity of $1
C. Future value of $1
D. Future value of an annuity

8) Mr. Nailor invests $5,000 in a money market account at his local bank. He receives annual interest of 8% for 7 years. How much return will his investment earn during this time period?
A. $6,254
B. $2,915
C. $8,570
D. $3,570