An annuity:
A) has less value than a comparable perpetuity.
B) is either an equal or an unequal stream of payments that occur in equal time periods for a finite period.
C) is a stream of payments that fluctuate with current market interest rates.
D) is a stream of equal payments that occur in equal periods of time for a finite period.
E) has a longer life span than a perpetuity.
Correct Answer:
Verified
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