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Question 1 (1 point) (True or False AND IF answer is False, give corrected answer): The formula to calculate the present value of an N-period

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Question 1 (1 point) (True or False AND IF answer is False, give corrected answer): The formula to calculate the present value of an N-period annuity of C, at a discount rate of R is PV = Question 2 (1 point) (True or False AND IF answer is False, give corrected answer): The formula to calculate the present value of a growing (g) perpetuity, with first cash flow C, at a discount rate of R>g is PV = R-g

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