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May I ask for an explanation of the question for a better understanding. Thank you! Which statement is most correct? A. The present value (PV)
May I ask for an explanation of the question for a better understanding. Thank you!
Which statement is most correct?
A. The present value (PV) of annuity due will exceed the PV of ordinary annuity (assuming all else equal).
B. The future value (FV) of annuity due will exceed the FV of ordinary annuity (assuming all else equal).
C. The nominal interest rate will always be greater than or equal to the effective annual interest rate.
D. A and B are correct
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