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All else held constant, the annual percentage rate is always less than or equal to the effective annual rate. True/ False The profitability index will

All else held constant, the annual percentage rate is always less than or equal to the effective annual rate.

True/ False

The profitability index will be greater than 1 if the initial cost is greater than the total of the future cash flows.

True/False

All else held constant, the present value of the perpetuity is always greater than or equal to the present value of an annuity due.

True/False

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