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A mortgage payment is an example of an ordinary annuity, while rent is an example of an annuity due. True False Question 8 (5 points)

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A mortgage payment is an example of an ordinary annuity, while rent is an example of an annuity due. True False Question 8 (5 points) Saved Given the same cash flows, interest rate, and CF frequency, the PV of an Annuity Due is ALWAYS higher than the the PV of an Ordinary Annuity. True False

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