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October 24, 2014

Homework Help: Finance

Posted by meakie on Tuesday, April 20, 2010 at 7:07pm.

You are considering two equally risky annuities, each of which pays $5,000 per year for 10 years. Investment ORD is an ordinary (or deferred) annuity, while Investment DUE is an annuity due. Which of the following statements is CORRECT?

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