Which one of the following will decrease the present value of a 20-year stream of even, annual cash flows? Assume a positive discount rate. Increasing the amount of each cash flow Increasing the Year i cashflow Moving every cash flow one time period further into the future Increasing the Year 2 cash flow by $100 and lowering the Year 3 cash flow by $100 Assume two annuities will each provide $1,000 annual cash flows for five years. One is an ordinary annuity and the other is an annuity due. Which statement concerning these annuities is correct? The annuity due will pay one more payment than the ordinary annuity. The ordinary annuity will have the highest value at the end of Year 4. Both annuities are of equal value given any positive discount rate. The ordinary annuity will pay on the first day of each time period. The annuity due is more valuable than the ordinary annuity today