True or False XYZ Company is comparing a 10 year project with a 20 year project. When calculating an equivalent annuity for the project with a 10 year life, XYZ should calculate the present value of the project and divide this NPV by the annuity factor (PVIF) for 20 years
True or False When companies have daily cash flows that occur over the year rather than at any single point in time, the analyst should use midyear cash flow discounting to approximate the daily cash flows.
True or False All single amount problems involve finding either-- the present value, the future value, the rate of return, or the number of periods.
True or False Annuity dues are constant and consistent payments that occur at the end of each investment period.