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Which of the following statements is incorrect? Question Accounting A perpetuity is considered a perpetual annuity. O An annuity due has payments at the beginning
Which of the following statements is incorrect?
Question
Accounting
A perpetuity is considered a perpetual annuity.
O An annuity due has payments at the beginning of each year.
An ordinary annuity has payments at the end of each year.
An ordinary annuity has a greater PV than an annuity due if they both have the same periodic payments, discount rate, and time period.
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