Given a positive interest rate and a positive cash flow, an ordinary annuity always has a greater present value than an annuity due of the same size and number of cash flows. 1) True 2) False Question 4 (1.6 points) Saved What is the present value of a stream of annual end-of-the-year annuity cash flows if the discount rate is 0 %, and the cash flows of $50 last for 20 years? 1) Less than $1,000 2) Exactly $1,000 3) More than $1,000 4) This question cannot be answered because we have an interest rate of 0.0 %