O 12.9% Question 25 9 pts You are evaluating two annuities. They are identical in every way, except that one is an ordinary annuity and one is an annuity due. Which of the following is false? The two annuities will differ in present value by the factor (1 + r). The ordinary annuity must have a lower present value than the annuity due. The annuity due must have the same present value as the ordinary annuity. The ordinary annuity must have a lower future value than the annuity due. The annuity due and the ordinary annuity will make the same number of total payments over time Question 26 9 pts Biogenetics, Inc. plans to retain and reinvest all of its earnings for the next 30 years. Beginning in year 31, the firm will begin to pay a $30 per share dividend. The dividend will not subsequently change. Given a required return of 18%, what should the stock sell for today? O $15204 O $82.90 O $1.16 O $2.09 O $8.31 Question 27 9 pts