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Thanks 1. Think about a S-year annuity with a positive Reyment and discount rate to an ordinary cases the First Payment would occur ! year
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1. Think about a S-year annuity with a positive Reyment and discount rate to an ordinary cases the First Payment would occur ! year from nowa and the fifth would occur si years from now. Kubert would happen to the present kalve it the poyments were shifted such that the first payment loccars today and the fifth occurs 4 years from today? (A) Pu would stay the same B) Pv would increase c) Pu Could go up, cleua, or stay the some D) Pv would decreaseStep by Step Solution
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