You are comparing two investments A and B which offer the same monthly payments. Both

investments are identical with the exception of the term. Investment A pays makes the

monthly payments for $10$ years while Investment B makes the monthly payments forever.

Which one of the following statements is correct concerning these two investments?

Select one:

a$.$ Both investments are of equal value today.

b$.$ Investment B is a perpetual annuity due.

c$.$ Investment A has a higher future value than investment B$.$

d$.$ Investment A has a higher present value than Investment B$.$

e$.$ Investment B has a higher present value than Investment A$.$