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Which of the following statement ( s ) is / are incorrect? ( Note that there might be more than one correct answer ) Question
Which of the following statements isare incorrect?
Note that there might be more than one correct answer
Question Answer
a
A perpetuity is considered a perpetual annuity.
b
An annuity due has payments at the beginning of each year.
c
An ordinary annuity has a greater PV than an annuity due if they both have the same periodic payments, discount rate, and time period.
d
An ordinary annuity has payments at the end of each year.
e
We can find the Future Value of a perpetuity.
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