Question

The PVA methodology cannot be used if the time until the first cash flow is less...

The PVA methodology cannot be used if the time until the first cash flow is less than the time of maturity.

a.            True

b.            False

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Answer #1

The correct answer is True

When the time until tje first cash flow is less than the time of maturity present value of annuity can not be used because PVA Uses cash flow of every time period.

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