Answered

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

Sagot :

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