Question: (Appendix 4A) Would you rather receive a 10-year ordinary annuity or a 10-year annuity due? Why? Which form of payment is more common in business?

(Appendix 4A) Would you rather receive a 10-year ordinary annuity or a 10-year annuity due? Why? Which form of payment is more common in business? Provide several exam¬ ples.

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