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Consider the following four cash flow streams: 1. A standard annuity of $1000 for 20 years 2. A standard annuity of $500 for 20 years

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Consider the following four cash flow streams: 1. A standard annuity of $1000 for 20 years 2. A standard annuity of $500 for 20 years 3. A standard perpetuity of $500 4. A standard perpetuity of $1000 Which of the following statements is FALSE? The PV of stream 4 is greater than the PV of stream 1 for any positive interest rate. The PV of stream 3 is greater than the PV of stream 2 for any positive interest rate. The PV of stream 1 is greater than the PV of stream 3 for any positive interest rate. The PV of stream 1 is greater than the PV of stream 2 for any positive interest rate

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