For each of the following statements / claims, explain clearly whether it is true or false by using words or mathematical expressions. (a) Compared to money-weighted rate of return, the advantage of linked internal rate of return is that it incorporates intermediate cash flows into the calculation. (1 mark) (b) A term assurance contract may not pay out life-contingent benefits. (1 mark) (e) The use of risk neutral measure Q in calculating expected value allows us to discount the expected value obtained by a risky discount rate. (1 mark) (d) Consider a stream of annual cash flows payable in arrears in the form of {1,2,3,...,n-1,n,n-1,...,3,2,1} For example, the cash flow at the end of year 1 is $1, at the end of year n +1 is $n - 1 and at the end of year 2n 2 is $2. The present value at time 0 of this cash flows stream can be expressed as (1 + i)(am)?. (4 marks)