【单选题】You own one share of a cumulative preferred stock which pays quarterly dividends. The firm has recently suffered some financial setbacks and has failed to pay the last two dividends. However, new fund...
【单选题】You are comparing two annuities which offer quarterly payments of $2,500 for five years and pay 0.75 percent interest per month. Annuity A will pay you on the first of each month while annuity B will ...
A.
These two annuities have equal present values but unequal futures values at the end of year five
B.
These two annuities have equal present values as of today and equal future values at the end of year five
C.
Annuity A has a smaller future value than annuity B
D.
Annuity B has a smaller present value than annuity A