1. (10 points) The following statements are True or False. Circle T for True or F for False. If the statement is false, modify it to make it true. (a) For equivalent rates: 8 = ei - 1 TF If False, then the True statement is: (b) An n-payment annuity-due deferred for k periods has present value n+k i T F If False, then the True statement is: (c) The modified duration of an n-coupon bond that is redeemable at its par value and is selling at par is an. TF If False, then the True statement is : (d) (Da)n = a1 + az +az + ... + an-1 + ani T F If False, then the True statement is : (e) A loan L is amortized with n level payments of amount K each. The outstanding balance at time t is: OB= L(1+i)t Katla TF If False, then the True statement is: 1. (10 points) The following statements are True or False. Circle T for True or F for False. If the statement is false, modify it to make it true. (a) For equivalent rates: 8 = ei - 1 TF If False, then the True statement is: (b) An n-payment annuity-due deferred for k periods has present value n+k i T F If False, then the True statement is: (c) The modified duration of an n-coupon bond that is redeemable at its par value and is selling at par is an. TF If False, then the True statement is : (d) (Da)n = a1 + az +az + ... + an-1 + ani T F If False, then the True statement is : (e) A loan L is amortized with n level payments of amount K each. The outstanding balance at time t is: OB= L(1+i)t Katla TF If False, then the True statement is