Which of the following statements is CORRECT? If a series of unequal cash flows occurs at regular intervals, such as once a year, then the series is by definition an annuity. The cash flows for an annuity must all be equal, and they must occur at regular intervals, such as once a year or once a month. If some cash flows occur at the beginning of the periods while others occur at the ends, then we have what the textbook defines as a ordinary annuity. The cash flows for an ordinary annuity all occur at the beginning of the periods. The cash flows for an annuity due must all occur at the ends of the periods. You are considering two equally risky annuities, each of which pays $25,000 per year for 10 years. Investment A is an ordinary annuity, while Investment B is an annuity due. Which of the following statements is CORRECT? The present value of A exceeds the present value of B, while the future value of B exceeds the future value of A. If the going rate of interest decreases from 10% to 0%, the difference between the present value of A and the present value of B would remain constant. The present value of A exceeds the present value of B, and the future value of A also exceeds the future value of B. The present value of B exceeds the present value of A, while the future value of B is less than the future value of A. A rational investor would be willing to pay more for B than for A, so their market prices should differ