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Consider 2 identical annuities one has an interest rate of 5% and the other has an interest rate of 6% which annuity is currently selling
Consider 2 identical annuities one has an interest rate of 5% and the other has an interest rate of 6% which annuity is currently selling for a higher price? There is not enough infomation to anwer the question O No answer text provided. O The 6% annuity The 5% annuity Question 3 5 pts Consider 2 annuities that are identical in every way except that one is an Ordinary Annuity and the other is an Annuity Due. Which of these two annuities will have a higher present value assume that the PV in each case is positive? There is not enough information to answer o Ordinary Annuity O Annuity Due
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