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Consider three investment alternatives: a perpetuity, an ordinary annuity, and an annuity due. All three have the SAME payment amount. The annuity due and the

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Consider three investment alternatives: a perpetuity, an ordinary annuity, and an annuity due. All three have the SAME payment amount. The annuity due and the ordinary annuity have the same number of payments (e.g., 6 payments). The interest rate is positive and the same for all three investments. Given thisIinformation, which of the following statements is correct? 1) The present value of the ordinary annuity is greater than the present value of the annuity due 2) The perpetuity and the annuity due have the same present value. 3) The present value of the ordinary annuity is greater than the present value of the perpetuity. 4) None of the answers in this list is the correct answer. 5) The future value of the ordinary annuity is less than future value of the annuity due

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