Given a positive interest rate and a positive cash flow, an ordinary annuity always has a greater future value than an annuity due of the same size and number of cash flows
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: The annuity due is always greater.
Business
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Small Business Investment Companies (SBICs) provide both debt and equity financing to small businesses
Indicate whether the statement is true or false.
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