Question 11 Which of the following statements is NOT correct? Not yet answered Points out of 10.0 Flag question Select one: o a. A 15-year mortgage will have a lower monthly payment that an otherwise similar 30,year mortgage O b. An ordinary annuity will have a higher present value that a similar annuity due O c. If an investment earns 10% interest compounded annually, its effective rate will be greater than 10% O d. A bond with an annual coupon will have a higher value than a similar bond with a semi-annual coupon O e. All of the above are false Question 12 Not yer Select one: Points out of a.Other things held constant, it is better to have a relatively short cash conversion cycle than a relatively long one b. If a firm takes actions that reduce its days-saies-outstanding then, other things held consta nt, this will fengthen its cash question conversion cycle .Other things held constant. if a firm stretches its accounts payable, this will lengthen its cash conversion cycle d. Other things held constant, the length of a firm's cash conversion cycle has little or ino effect on profitability e. Since firms have minimal control over their cash converslon gydles, there is little point in colculating these cycles