Question $17($Mandatory$)(2$ points$)$

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A time line is not meaningful unless all cash flows occur annually.

Question $17$ options:

TrueFalse

Question $18($Mandatory$)(2$ points$)$

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If the discount $($or interest$)$ rate is positive, the future value of an expected series of payments will always exceed the present value of the same series.

Question $18$ options:

TrueFalse