In comparing an ordinary annuity and an annuity due, which of the following is true?
A) The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity.
B) The future value of an ordinary annuity is always greater than the future value of an otherwise identical annuity due.
C) The future value of an annuity due is always less than the future value of an otherwise identical ordinary annuity, since one less payment is received with an annuity due.
D) All things being equal, one would prefer to receive an ordinary annuity compared to an annuity due.
A
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Which part of the speech outline includes the main points with verbal and visual supporting information?
A) body B) transition C) conclusion D) introduction
Which of the following qualities describes new media?
a. many speaking to many b. one-way communication c. one speaking to many d. centralized information production
It is sometimes the case that parties to a contract are unwilling to settle a contract because they don't want to take the blame for poor terms of the agreement. In these cases, the parties will often rely on the arbitration process to make the decisions for them. The term used to describe this problem is:
A. the chilling effect. B. the ripple effect. C. the narcotic effect. D. the arbitration effect.
Which of the following is a reason the modified internal rate of return (MIRR) measure is a better indicator of a project's true profitability than the internal rate of return (IRR) measure?
A. The modified internal rate of return (MIRR) assumes that the project's cash flows are reinvested at its internal rate of return (IRR), which is generally correct. B. The modified internal rate of return (MIRR) assumes that the terminal value of the project is the profit it generates, which is generally correct. C. The modified internal rate of return (MIRR) assumes that the project's cash flows are reinvested at the firm's required rate of return, which is a better assumption than the IRR assumption that the cash flows are reinvested at its IRR. D. The modified internal rate of return (MIRR) assumes that the future value of the project's cash outflows is equal to its terminal value, which is generally correct. E. The modified internal rate of return (MIRR) assumes that projects with multiple cash outflows should be evaluated with high required rates of return, which is generally correct.