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Qucation Completion Sta: QUESTION 20 You are considering two equally risky arte, ach of which pays $5,000 per year for 10 years. Investment ORD in

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Qucation Completion Sta: QUESTION 20 You are considering two equally risky arte, ach of which pays $5,000 per year for 10 years. Investment ORD in an ordinary for deferred annuity, while Investment DUE is an annuity due Which of the following statements in CORRECT? a. The present value of DUE exceeds the procent value of ORD, and the future value of DUE O GKconds the future value of ORD. b. The prosent value of ORD must exceed the present value of DUE, but the future value of ORD may be less than the future value of ORD. c. The present value of ORD exceeds the prosent value of DUE, and the future value of ORD also exponds the future value of DUE. d. The present value of ORD must exceed the prosent value of DUE, while the future value of DUE in na than the future value of ORD. QUESTION 21 Yaeko Folck will receive an arvuity of $7,270.00 every four monthn for 21 years. How much in this canh flow worth to them today? Ansumo a discount rate of 8.00% O a $366,674.64 b. $220,684.00 c. $1,158,316.14 d. $72,822.16

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