Question: in an annuity due, the future value grow by one period more QUESTION T The FV of a single amount of SA is equal to

 in an annuity due, the future value grow by one period
in an annuity due, the future value grow by one period more

QUESTION T The FV of a single amount of SA is equal to A(1+r)" O True False QUESTION 2 A bond has a maturity of 20 years, a maturity value of $1000, coupon and discount rates are both 8%, the value of the bond is more than $1000 True O False QUESTION 3 The coupon rate of a bond maturing in 20 years is 8%, the maturity value is $1000, the purchase price is $.920. The bonds yield to maturity is less than 99 True False QUESTION 4 An annuity is a series of equal receipts or payments True False

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