our professor talks of a "finance language" which I don't fully understand. please help.

1. A 30-year annuity of $1,000 per year is available with two options to choose from. Which option offers the highest present value (PV)? Which option offers the highest Future value (FV)? (Think-no calculations!) a. Annuity due, annuity due b. Annuity due, ordinary annuity c. Ordinary annuity, ordinary annuity d. Ordinary annuity, annuity due 2. Milk & Honey, Inc. offers you a signup bonus for $120,000. You may choose how to receive the payments. Current interest rate is 10.0%. Which is your best option? (No Calculations needed-think!) a. $120,000 at the end of first year or 12-months (one payment) b. $30,000 at the end of every quarter or 3-months (four payments) $10,000 at the end of every month (twelve payments) C. 3. You bought "Hell or High Water" bond (C = 10.0%, N = 7 years, Par = $1,000). The YTM for similar risky bonds = 12%. At what price is "Hell or High Water bond is being traded today? (Don't you touch that calculator!) a. At a premium b. At a discount C. Exactly at par value 4. All four bonds have YTM = 10% but have differing Maturity (N) and Coupon (C). If YTM rises by 1%, which one will have the biggest price change (risk)? (Again-no calculations guys!) a. N=10 years, C = 10.0% b. N = 10 years, C = 8.0% N = 5 years, C = 10.0% d. N = 5 years, C = 8.0% C. 5. You bought a bond (C= 10.0%, N = 10 years, Par Value - $1,000) yielding 12%. You held the bond all the way to maturity. On that day, similar bonds were yielding 8%. What was your rate of return? [Dreaming of using calculators? Niet, Nein, Non, No!)