25. What is the present value of a 7-year ordinary annuity with annual payments of $300, evaluated at a 10 percent interest rate? O a) $ 670.43 Ob) $ 842.91 OC) $1,460.52 O d) $1,522.64 O e) None of the above 1. In risk-free environment, lower debt ratios always indicate good debt management. O True O False