1. You parents agreed to take a loan and pay installments at the beginning of every period and first installment occurred immediately. (1 punkt) * This is called "Ordinary annuity" This is called "Annuity overdue" This is called "Annuity due" 2. You have just bought a common stock for 100 EUR from an established insurance company, which pays stable dividends in the amount of 10 EUR annually. Did you overpay for this security if you require 12% yield? * (1 punkt) You overpaid, because it is worth just 83,33 EUR The price is OK, because the 12% yield is higher than the 10% dividend The price is OK, because you will cover the investment already in 10 years You underpaid, because it is actually worth 833,33 EUR